Last week, Berkshire Hathaway lost 10.0%, while the S&P 500 and the Dow Jones fell 11.4% and 12.3%. So far, Berkshire shares have fallen 8.9% in 2020.
During a recent interview with CNBC, Buffett said that he has changed to an Apple iPhone from his flip phone. He also mentioned that he’s using the “latest model.”
Berkshire Hathaway released its 2019 annual report over the weekend. The filing also had the annual shareholder letter from Chairman Warren Buffett.
TSLA stock’s rise has led to enormous losses for short-sellers. David Einhorn and Jim Chanos are among the well-known Tesla short-sellers.
Founded by Bill Ackman, Pershing Square made a 58.1% profit last year. Between 2015 and 2018, Pershing Square posted negative returns.
Rumors of Warren Buffett buying into Boeing (NYSE:BA) have filled the air this week. The legendary investor’s interest in airline stocks is well known.
Warren Buffett underperformed the stock markets last year. Berkshire Hathaway’s returns versus the S&P 500 were the worst since 2009.
Yesterday, Tesla (TSLA) reported its Q4 deliveries. The better-than-expected delivery report supported Tesla stock yesterday.
Warren Buffett’s Berkshire Hathaway underperformed the S&P 500 by a wide margin last year—the worst underperformance compared to the market since 2009.