New York – With the sharp decline in IBM shares on Monday, the most successful investor of the 20th century lost $1.06 billion.
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After IBM’s weak earning, the stock fell $15.05 at opening. Buffett held about 70.2 million shares as of June 30, reports CNBC (http://cnb.cx/1DtpKaR).
IBM stock was the third largest in Buffett’s investor portfolio, after Wells Fargo and Coca-Cola.
Information taken from CNBC
A drop in the Buffett.
At 84 I doubt he’s loosing faith. Sell Coke it’s a dud.
I pray that me, my children, and grandchildren for 10 generations combined, should make the money that buffet lost in 1 day.
now is a buying opportunity