When fear defines financial markets, remember Warren Buffett. It is a simple idea, but it’s hard to do, especially now, when no one knows what the coronavirus might do. Right now, it exists as a widespread yet not especially lethal outbreak, though some—like Buffett’s friend Bill Gates—fear it is a once-in-a-century pathogen. Read More...

When fear defines financial markets, remember Warren Buffett. It is a simple idea, but it’s hard to do, especially now, when no one knows what the coronavirus might do. Right now, it exists as a widespread yet not especially lethal outbreak, though some—like Buffett’s friend Bill Gates—fear it is a once-in-a-century pathogen.