(CNBC) — As far as markets go, rock legend Huey Lewis doesn't need a new drug.
Lewis invests for the long haul, and the stomach-churning volatility in stocks since the start of 2016 doesn't bother the 80's hitmaker.
"I think it's looking for a bottom somewhere. I'm an investor, I'm not a speculator. So I just sit tight," he told CNBC's "Squawk Box," in an interview last week from the AT&T Pro-Am golf tournament in Pebble Beach. "But I think we had an amazing run, so this is a correction of sorts," he added.
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"If you just buy blue-chip stocks that pay dividends and hang on, you're gonna be fine," he argued, saying he mainly puts his money in a "nice little blend" of mutual funds. "I buy funds. I'm a fund guy. If I was a stock guy, I would have to watch the market every day. I can't do that. I'm out playing harmonica and golf."