Warren Buffett calls Coronavirus outbreak 'Scary Stuff, But he won't be selling stocks

Warren Buffett, the billionaire called the coronavirus outbreak "scary stuff" but said that it was no time to sell stocks despite the threat of a pandemic. Markets worldwide fell. He added long-term investors should not get caught up in daily headlines, and that Berkshire would certainly be more inclined to buy stocks. The reports stated that the economy grew 2.3% last year but has experienced slower consumer performance.