Baron Capital Chairman and CEO Ron Baron said he would buy more stocks at today's low prices if he weren't already invested, and noted long-term positive outcomes for the market, even after particularly unstable events and periods.
While investors couldn't find cheap stocks a year ago, "now you can't find things that are expensive. You can't find anything that's expensive. And so if I had more money to invest, I would invest it. I'm invested," he said on CNBC's Squawk Box this morning.
"I find things everywhere. That doesn't mean this is the bottom. It just means this is a great time to invest," added Baron, whose firm had $57 billion in assets under management at year-end 2021.
The CEO, a billionaire on the Forbes 400 list, said he's always invested by choosing companies led by people he likes and trusts, and focusing on the long term.
"My grandfather, he started up as a construction worker, then he was a peddler and then he owned a candy store. He didn't sell the candy store when things weren't going well, he just figured out, I'll put more pink balls in there," Baron said.
"So it's just being long term about everything, and the people who've done the best that I've watched have just invested for the long term in businesses and that takes you through the inflation," he said.
