Another Monday, another volatile market.
CNBC asked the experts what they suggest investors do now.
Bullish on Berkshire
“Usually historically when we go into recessions it’s been better to buy stocks right at the front-end of recession than when we’re deeply into them. Stocks usually bottom out well before the recessions bottom out. This is actually a pretty good time to be stepping into the market and buying some value plays… One thing that would be a great buy would be Berkshire Hathawayitself… He’s never going to pump the stock so to speak, but if you just look at the numbers in terms of cash-flown and their assets and what they have on the sidelines to put to work, it’s a tremendous franchise.”
- Mohnish Pabrai, Pabrai Investment Funds