Posted by MarkB_MI on January 01, 2016 at 09:19:14 from (70.194.10.87):
In Reply to: Re: Investments 2015 posted by Gambles on January 01, 2016 at 08:57:53:
>I saw on the news a few days ago that Warren Buffet lost hundreds of millions of dollars on just the IBM stock alone last year.
It's a paper loss until he cashes out his position. Or, to be specific, if and when Berkshire Hathaway sells its IBM stock. Ya win some ya lose some; a single share of B-H that sold for 20 bucks in 1967 is worth almost 200 grand today. I don't think Berkshire stockholders are sweating that much over Warren's bad bet on IBM.
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