Billionaire Ron Baron says he tripled his normal stock investments during the market volatility earlier this month.

“In the first week of August, when the market was acting erratic and it had fallen sharply, I tripled the investment that I make every month in the funds that week,” the founder of Baron Capital told CNBC.

Financial advisers are always “buying at the wrong time and selling at the wrong time,” he told CNBC, “because they’re emotional. Because they read what is happening.”

Consistency is key, says the founder of Baron Capital, a critic of buying and selling stocks based on headlines, CNBC.com explained.

To be sure, investors dipped back into the U.S. stock market by adding nearly $3.1 billion to stock and exchange-traded funds that hold domestic equities last week amid increased volatility in benchmark indexes, according to data released Wednesday by the Investment Company Institute.

The move back into domestic stocks followed nearly $19.6 billion in outflows the week before and came during a week in which the Dow Jones Industrial Average posted its worst single-day drop of the year as concerns about economic growth and the impact of trade tariffs piled up, Reuters explained.

Since hitting a record high in July, the benchmark S&P 500 has fallen more than 3.5%, while volatility has spiked to its highest levels since January. The index is up nearly 17% since the start of January. For the year to date, investors have pulled approximately $85.1 billion out of domestic stock funds.

Over the same time, investors have pushed approximately $264.6 billion into bond funds, including slightly more than $10 billion last week. The unexpected rally in bonds this year sent 30-year Treasuries to record low yields last week. World stock funds, meanwhile, lost a net of $672 million last week, sending the category's year to date loss to approximately $29.4 billion.