Warren Buffett’s bets haven’t paid off in 2018 — but he’s still beating the market
New York (CNN Business)Take heart, investors. This rocky stock market has put a dent in everyone’s returns — even those of investing guru Warren Buffett.
Shares of Berkshire Hathaway (BRKB) — the Oracle of Omaha’s Berkshire industrial and insurance conglomerate — are down 4% in October and are 8% below their 52-week high.
Of course, nobody needs to start a GoFundMe campaign for Buffett. He’s still worth about $85 billion, according to Forbes. And Berkshire Hathaway shares are up more than 4% this year, which is a bit better than the Dow and S&P 500.
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