These 4 Stocks Have Cost Warren Buffett More Than $6 Billion in 2019
When the history books are written, Warren Buffett will likely go down as one of the greatest investors of our time. In a little more than six decades, the Oracle of Omaha, as he's affably known, has grown roughly $10,000 in seed capital to a net worth of almost $80 billion. Mind you, his net worth would extend well beyond $100 billion if not for generous charitable contributions throughout the years.
As the CEO of conglomerate Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), Buffett has overseen the acquisition of roughly five dozen businesses from a variety of industries and sectors, as well as countless investments. Right now Berkshire Hathaway oversees an investment portfolio with a net worth of more than $200 billion, and also has a war chest of $122.4 billion, as of the end of its most recent quarter. Suffice it to say, he's had a lot of success as an investor.
But one thing Buffett and his team are not is perfect. Even the greatest investors on the planet are bound to make mistakes from time to time, and Buffett is no exception.
Source Fool.com
