[Tuesday's 200 point stock market drop is] a correction. It’s healthy. It’s no big thing. So what?
[I'd] buy the banks [because they've] cleaned their act up [and have low valuations.] JPMorgan Chase [JPM 39.32 -1.08 (-2.67%) ] has a balance sheet that's like a battleship.aid. Wells Fargo [WFC 30.105 -0.865 (-2.79%) ] , the same thing. Bank of America [BAC 7.71 -0.26 (-3.26%) ] is getting better, Citi's [C 32.12 -1.56 (-4.63%) ] getting better.
~ Ken Langone, as appeared on CNBC