In One Chart: Getting crushed in this market? One look at Warren Buffett’s portfolio and you might feel a lot better about yours
Warren Buffett said earlier this month that he hadn’t seen anything like the coronavirus pandemic. “If you stick around long enough, you’ll see everything in markets,” he told Yahoo Finance. “And it may have taken me to 89 years of age to throw this one into the experience.”
A couple of weeks later, and it’s only gotten more dire as infections mount around the world and the stock market continues to spin out of control in both directions.
boss holding up? Well, for starters, he’s sitting on a cash pile that has him prepared to pick up the pieces once this all blows over.
But, just like everybody else, his portfolio obviously hasn’t been immune to all this volatility. Just check out this most current list of his top holdings, courtesy of Bespoke Investment Group:
“While Buffett is well known for weathering the worst market downturns and coming out stronger, the last several weeks have been just as painful on his portfolio as it has on the broader market,” Bespoke explained in a post noting that the average stock in his top holdings is off 37%.