Warren Buffett, chairman and CEO of Berkshire Hathaway, addressed recent stock market volatility during the company's 2025 annual shareholder meeting. Buffett characterized the market fluctuations over the past 30 to 45 days as "really nothing," emphasizing that such short-term movements are a normal part of investing. He noted that even over periods of up to 100 days, recent market activity does not compare to past instances when Berkshire Hathaway's stock declined by 50% over a short period without any fundamental issues. Buffett advised investors to check their emotions at the door and focus on the long-term intrinsic value of companies rather than short-term market noise. He also mentioned that while great investment opportunities are unlikely to appear immediately, they could emerge over a five-year horizon. His comments come after the S&P 500 experienced its longest winning streak since 2004, underscoring his message that markets generally climb over time despite intermittent downturns.