Eight Stocks Give Buffett Headache

Eight Stocks Give Buffett Headache

Buffett bailed out S&P 500 airline stocks. However, her portfolio is still full of shares, causing his headache. Berkshire Hathaway (BRKB) lost $ 1 billion or more in eight of the 47 US agencies listed in the U.S. this year, such as Bank of America (BAC) and Wells Fargo (WFC), Coca-Cola (KO). This is according to the daily review of the latest data from 'Investor's Business Daily review of Buffett's'. Only stocks listed on US exchanges are included. Serious losses in the famous Buffett portfolio continue even after unloading huge airline losses. Berkshire Hathaway's shares fell only 22% this year. The S&P 500 fell only 13%, and the growth-oriented Nasdaq 100 increased 2.6%. Buffett lost only $ 21.8 billion this year from its 16% stake in the company. Most of Buffett's losses are heading towards S&P 500 value stocks. It is ironic because "cheap" stocks should provide dividends and security in stable crises. However, this does not happen on coronavirus exchanges. The Vanguard Value ETF (VTV) experienced a 22% drop this year, almost the same as that of Berkshire Hathaway. However, growth stocks are much better as they show more flexibility in the coronavirus-induced world. Vanguard Value ETF (VTV) fell only 1.2% this year.