Warren Buffett lost $11.3 billion

[senheiser]

by Molly Wood
Thursday, December 31, 2015 - 16:02

It was a rough year for Warren Buffett | Marketplace.org

All day long we've been tracking the things that happened this year: notable passings, the 10 most-watched ads, cultural trends you need to know for 2016.

But here at Marketplace, we like to follow the money.

Which is why it's notable to us that in 2015 — by some accounts — almost 70 percent of investors lost money this year.

It was the worst year on the stock market since the financial crisis of 2008.

CNBC notes that it was the hardest year to make money in 78 years.

It was so bad, in fact, that even investment legend Warren Buffett is having his worst year since 2008.

Bloomberg reports Mr. Buffett personally lost $11.3 billion in net worth this year.

His investment firm, Berkshire Hathaway, had its first negative annual return since 2011.

Someone is going to be having some extra champagne tonight.

Featured in: Marketplace for Thursday, December 31, 2015

 

[C130]

lose big in 2015 and then could gain it all back in 2016 and more

I wonder how the oligarchy is fairing in Russia?? any news Sennheiser?

 

[Red Wolf]

Interest rates are low, commodities prices are shit, and even the "invest in indexes" mantra failed to deliver this year.

I've gone back to buying blue chip stocks and waiting on my dividend check to arrive.

 

[Shotgunner51]

Interest rates are low, commodities prices are shit, and even the "invest in indexes" mantra failed to deliver this year.

I've gone back to buying blue chip stocks and waiting on my dividend check to arrive.

Ain't that true! Bad year it was.

 

[anon45]

Can confirm. Sucks but not the end of the world.