A few days ago, the Chicago Tribune had an article that the current bear market has even caught Warren Buffett.
Berkshire Hathaway stock is down more than 20% since last December.
This was his company's worst first half of a year since 1990.
The stock closed last Thursday at $116,700 a share - down from $149,200 on Dec. 10.
Many Buffett fans see this as a buying opportunity. They have history on their side because the stock has advanced in 17 of the last 20 years. The last full year decline was 3.8% in 2002.
Wednesday, 9 July 2008
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