Missed Nvidia in 2009? This Rare Signal Is Flashing Again.\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/a><\/p>\n The ultimate risk-taker <\/p>\n Warren Buffett made a name for himself as arguably the greatest investor of our time. When he stepped down as CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) at the end of 2025, the holding company’s track record under his tenure vs. the S&P 500 was a 6,099,294% total gain vs. 46,061%.<\/p>\n Buffett and his team didn’t succeed by loading up during bull markets<\/a>, although they often find what to buy in any market. In fact, Buffett has credited just a few trades as being the major drivers behind his success; finding deeply discounted stocks is the value approach to investing.<\/p>\n Deeply discounted doesn’t mean cheap or low-priced. A stock is only a bargain if it fulfills Buffett’s criteria for an excellent business and trades below its intrinsic value. Very often, when stocks fall to extreme levels, it induces fear among investors, who might sell off even more.<\/p>\n Buffett is exactly the opposite. He waits for these kinds of opportunities and then pounces. For someone who doesn’t like risky stocks, it’s the ultimate level of risk-taking: going against the prevailing market view.<\/p>\n Is the market euphoric? <\/p>\n The same is true of the reverse scenario. When the market is propping up stocks that aren’t really all that great, Buffett would stay far away. The way he puts it, “When investing, pessimism is your friend, euphoria the enemy.”<\/p>\n The S&P 500 isn’t just near record highs; its cyclically adjusted P\/E ratio (CAPE) is near its second-highest level ever, and the record high was followed by three consecutive years of losses.<\/p>\n According to Buffett’s view, now is probably not the best time to buy. However, the caveat to that is that even Buffett spots bargains in any market. You can always find great stocks to buy, and staying in the market is the most important factor for long-term success. When the market is euphoric, it’s crucial to stay above the fray and focus on fundamentals and valuation; avoid the pessimism and reach for the euphoria.<\/p>\n Should you buy stock in S&P 500 Index right now? <\/p>\n Before you buy stock in\u00a0S&P 500 Index, consider this:<\/p>\n The Motley Fool\u00a0Stock Advisor\u00a0analyst team just identified what they believe are the\u00a010 best stocks<\/a>\u00a0for investors to buy now\u2026 and\u00a0S&P 500 Index\u00a0wasn\u2019t one of them.\u00a0The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.<\/p>\n Consider when\u00a0Netflix\u00a0made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you\u2019d have $433,268!*\u00a0Or\u00a0when\u00a0Nvidia\u00a0made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation,\u00a0you\u2019d have $1,259,391!*<\/p>\n That performance is why people listen. With a track record of\u00a0beating the S&P 500 by nearly 5x,\u00a0Stock Advisor\u00a0offers a distinct advantage. Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built for the long haul.<\/p>\n See the 10 stocks \u00bb<\/a><\/p>\n *Stock Advisor returns as of June 14, 2026. <\/p>\n Jennifer Saibil<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway. The Motley Fool has a disclosure policy<\/a>.<\/p>\n![\"Warren](\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/06\/548af5f702c066b8f2ee06a27ff41e01.jpeg\")
Image source: The Motley Fool. <\/p>\n<\/a> S&P 500 Shiller CAPE Ratio<\/a> data by YCharts<\/a> <\/p>\n