Warren Buffett Says Bear Markets Are an "Investor's Best Friend." Decades of History Prove He's 100% Right.

Key Points Recession fears are back, as recent market volatility has some investors feeling rattled. Warren Buffett has reassuring advice for investors worried that a bear market is looming. With the right strategy, your portfolio can not only survive a downturn, but thrive over the long term. 10 stocks we like better than S&P 500 Index › The September effect appears to be in full swing, as major market indexes have struggled during this historically slow month. The S&P 500 (SNPINDEX: ^GSPC) , Dow Jones Industrial Average (DJINDICES: ^DJI) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) have fallen by 1%, 3%, and 0.3%, respectively, over the last two weeks, as of this writing.