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tim333
2948 days ago
Probably not huge losses. The author here estimates he was up 5%. The shares fell but paid dividends.
https://www.gurufocus.com/news/651725/how-much-did-warren-bu...
1 comments
dmoy
2948 days ago
A 5% gain including dividends from 2011-2017 is a pretty bad showing. The market literally doubled on average in that timeframe.
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gowld
2948 days ago
BRK.A has more than doubled in that time frame, so as an overall portfolio strategy, they are doing well.
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megablast
2947 days ago
That doesn't mean they haven't made bad plays, and we can't talk about one of them. This was one. Lets not pretend it wasn't.
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valuearb
2947 days ago
If IBM is his biggest mistake, it’s a other testament to his skill.
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tim333
2947 days ago
He did worse with Tesco
https://www.theguardian.com/business/2015/mar/01/warren-buff...
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valuearb
2947 days ago
“Berkshire’s after-tax loss from this investment was ... one-fifth of 1% of Berkshire’s net worth
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