Why Is Warren Buffett Getting Crushed by the Pandemic?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) mastermind Warren Buffett may be the investing GOAT -- greatest of all time -- but Berkshire's performance lately has been downright sheepish.
Nearly four months into the COVID-19 pandemic, Berkshire Hathaway is seriously lagging behind the market. From Feb. 21 through Wednesday's close, shares of the conglomerate lost 21%, well behind the S&P 500's 6.7% decline. In fact, Berkshire Hathaway is now losing to the market -- or merely tracking it -- at pretty much any point over the past decade, as the chart below shows.
Source Fool.com
