Warren Buffett Has Always Said This 1 Thing About Bear Markets. History Shows He Has Never Been Wrong.

Key Points There have been more than two dozen bear markets throughout history. The S&P 500 has eventually recovered from every one. Historically, some of the biggest market returns occur right after a bear market bottom. Buying shares at discounted prices can actually improve your long-term returns. These 10 stocks could mint the next wave of millionaires › Investors fear bear markets, and understandably so. After all, nobody likes to see the value of their portfolio drop by 20% or more. Warren Buffett , on the other hand, takes a different view. He said in a 1990 letter to Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) shareholders that he "welcomed" a 50% decline in Wells Fargo (NYSE: WFC) earlier that year. The reason was simple.