At Berkshire Hathaway’s 2025 Annual Shareholder Meeting, Warren Buffett pushed back against the nonstop noise surrounding the stock market.
He reminded shareholders that, despite endless predictions from the press and analysts, no one truly knows where the market is headed in the short term. “Things get extraordinarily attractive very occasionally. The long-term trend is up. Nobody knows, and I certainly don’t know. Greg doesn’t know. Ajit doesn’t know. Nobody knows what the market is going to do tomorrow, next week, or next month,” Buffett said.
He noted that speculation about daily or weekly moves is popular because “it’s easy to talk about,” but ultimately, it adds no real value for investors. Instead, Buffett urged focusing on long-term fundamentals and being patient for rare opportunities.
Hear Buffett’s full explanation
See the complete Lessons From Warren Buffett series
© 2026 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.