Warren Buffett Has Lost $11.2 Billion -- in 1 Week
Warren Buffett Has Lost $11.2 Billion -- (from Feb 2nd, 2018 to Feb 9th, 2018)
The stock market is now in correction mode, with major indices down more than 10% from their January highs. And the correction hasn't spared Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B), the conglomerate led by billionaire investor Warren Buffett. In fact, Berkshire's stock has slightly underperformed the market, causing Buffett's net worth to decline by more than $11 billion.
Thanks for the share. Buffett has his highest cash positions ever, I think $20B. He's ready to buy some cheap stocks when the whole thing tumbled over.
Warren buffet is 84.6 Billion . 3rd richest in USA or world.
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