Renowned investor and Berkshire Hathaway vice-chairman, Charlie Munger, highlighted the significance of maintaining composure amid market turbulence, referring to declines as "chances for long-term wealth accumulation." Stressing the normalcy of market volatility, Munger advised investors amidst significant market fluctuations following President Trump's tariff announcements. In a 2009 interview with BBC, Munger mentioned that it is typical for long-term shareholders to witness a 50% drop in the value of their stocks due to market swings. He cautioned against panicking during market downturns, stating that such reactions could result in below-average returns. Munger emphasized that enduring through market routs is crucial for shareholders. For the complete story, visit Benzinga.com.