Home / Business / No ‘Intelligence or Emotional Stability’ Required: Warren Buffett Warns Short-Term Markets Are a ‘Voting Machine,’ But Eventually Reflect Reality

No ‘Intelligence or Emotional Stability’ Required: Warren Buffett Warns Short-Term Markets Are a ‘Voting Machine,’ But Eventually Reflect Reality

Warren Buffett’s Coca-Cola lesson illustrates how market pessimism can obscure business strength, a dynamic still visible in several beaten-down stocks today.

Warren Buffett has long argued that stock prices and business value often move on different timelines. In his 1993 Berkshire Hathaway (BRK.B) (BRK.A) shareholder letter, the CEO offered a historical example designed to separate short-term market judg… [6406 chars]

Source: Barchart | Published: 2025-12-19T16:54:27Z

Credit: Barchart

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