These 9 Warren Buffett Stocks Are Higher During the Nasdaq Bear Market
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has a knack for making money. Despite navigating his way through more than a half-dozen bear markets since taking the reins in 1965, the Oracle of Omaha has created more than $590 billion in shareholder value and overseen a better than 3,600,000% aggregate return for his company's Class A shares (BRK.A).
Warren Buffett's success as an investor is the result of a long list of factors, including his love of dividend-paying stocks and time-tested businesses that can outperform in virtually any economic environment. The latter is especially noteworthy with both the benchmark S&P 500 and tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) mired in a bear market, with respective peak declines of 24% and 34%, as of last weekend.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com