Part 3/9:
Buffett’s announcement was undoubtedly the most significant piece of news to emerge from the meeting, yet it wasn’t the only topic he addressed. The stock market's recent downturn was another key discussion point. Buffett provided his insights into the correction, indicating that he does not find the situation alarming. He stated, “What has happened in the last 45 days, 100 days, whatever…it’s really nothing.” He reassured shareholders that downturns have occurred before without fundamentally harming the company.