Here's How Much Money Buffett's Portfolio Has Lost in 3 Weeks [The Motley Fool]
Berkshire Hathaway Inc. (BRK.A)
Last berkshire hathaway inc. earnings: 8/4 05:00 pm
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Source: The Motley Fool
Here's How Much Money Buffett's Portfolio Has Lost in 3 Weeks It's a very big number, but it doesn't have the Oracle of Omaha panicked. When it comes to buy-and-hold investing, Berkshire Hathaway ( NYSE:BRK.A ) ( NYSE:BRK.B ) CEO Warren Buffett is king. Over the course of almost seven decades, Buffett has built up a net worth of around $80 billion, and helped to create in excess of $400 billion in value for shareholders of Berkshire Hathaway stock. And he's done this entirely by researching a handful of sectors, picking out businesses with perceived competitive advantages, and, most important, hanging on for the long haul. But the thing about buy-and-hold investing is that Buffett's resolve is regularly tested. That's because the benchmark S&P 500 ( SNPINDEX:^GSPC ) has undergone a correction â?? officially, a non-rounded decline of at least 10% from a recent high â?? an average of every 1.85 years since the beginning of 1950. Buffett has invested through the likes of the Black Mon
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