Warren Buffett's career leading Berkshire Hathaway spans roughly six decades. Over that extended period, he lived through many different environments in which stock prices tanked. While these adverse events certainly tested his temperament, they also gave the Oracle of Omaha invaluable experience. He's better able to navigate the turmoil. This is the perfect time to turn our attention to the current environment. Despite the S&P 500 (SNPINDEX: ^GSPC) rising 12% this year (as of Nov. 4), investors are worried that more bad days like Nov. 5 could be coming.
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