New Delhi, March 17 -- The world is going through a lot of geopolitical stress with the raging US-Israel-Iran conflict, along with the never ending Russia-Ukraine war, continuously creating immense challenges for the world.

The period has resulted in global equity markets plunging, and investors have reacted negatively. This is evident in the equity sell figures of institutional investors. Furthermore, this makes it essential for us to revisit the investing wisdom Warren Buffett has shared in his Berkshire Hathaway shareholder letters. The ace investor has, over nearly seven decades, offered a more prudent path towards wealth conservation and creation.

He is also of the firm belief that diversification is nothing but protection against ...