Economic headwinds sent the S&P 500 into a bear market last year, and the benchmark index is still 16% off its high. Warren Buffett's Berkshire Hathaway treated the drawdown as a buying opportunity, investing $66 billion into the stock market through the first three quarters of 2022. Smart investors like Buffett know that a bear market offers investors a chance to buy good stocks at great prices.
How and why Apple and PayPal have such a large lead in this industry. In addition, Motley Fool senior analyst Asit Sharma and Motley Fool producer Rickey Mulvey discuss corporate governance and an under-the-radar pop culture company going through some fundamental changes. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
PayPal processes over $1 trillion in annualized payment volume, and the big banks want a piece of it.