The Grinch Comes to Omaha

Since the S&P 500 topped on September 21st, Berkshire Hathaway may have seen something on the order of over $30 billion in stock market drawdowns. It’s a startling number, even off of a large base of invested capital. According to Jim Sloan, writing at Seeking Alpha, the Berkshire portfolio’s losses from Apple alone could be as much as $19 billion over the last two months… It’s obvious that th...

source https://thereformedbroker.com/2018/12/25/the-grinch-comes-to-omaha/