Buffett: Don't let bad headlines affect your investing decisions

With almost everyone on Wall Street expecting the nation's economy is heading for some kind of recession later this year, it is helpful to remember Warren Buffett's long-standing advice against making investment decisions based on headlines.

In this clip from the 2018 Berkshire Hathaway annual meeting, he recounts his first stock trade in 1942 to illustrate his belief that no matter what’s happening in the country or in the economy, investors should remain confident in the American system and hold stocks for the long-term.

BUFFETT AROUND THE INTERNET

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• Investor's Business Daily: Here's The Real Reason Warren Buffett Loves Occidental Stock

• TheStreet: Buffett's Berkshire Hathaway Stocks Fall

BERKSHIRE STOCK WATCH

BERKSHIRE'S TOP U.S. STOCK HOLDINGS - Jan. 20, 2023

Berkshire's top holdings of disclosed publicly-traded U.S. stocks, and BYD, by market value, based on today's closing prices.

Holdings are as of September 30, 2022 as reported in Berkshire Hathaway’s 13F filing on November 14, 2022, except for:

• Apple, Bank of America, Chevron, and U.S. Bancorp, which also include shares held as of September 30, 2022 as disclosed in New England Asset Management’s 13F filing on November 14, 2022
• BYD, which is as of January 3, 2023

The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker.

QUESTIONS OR COMMENTS

Please send any questions or comments about the newsletter to me at alex.crippen@nbcuni.com. (Sorry, but we don't forward questions or comments to Buffett himself.)

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-- Alex Crippen, Editor, Warren Buffett Watch