Warren Buffett famously said: be greedy when others are fearful – and now could be the prime time to put the veteran investor’s advice to good use.
Rising interest rates and inflation, conflicts and fears about the bursting of the AI bubble are causing plenty of fear in markets.
Global technology stocks are tumbling as concerns mount over the amount of cash they are spending on AI.
Around $2trillion (£1.5trillion) has been wiped off the tech-heavy Nasdaq index in New York since its October 6 peak – and that could rise to just under $3trillion (£2.25trillion) today if market predictions are correct.
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