Final Note

It was a rough year for Warren Buffett

Molly Wood Dec 31, 2015
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Final Note

It was a rough year for Warren Buffett

Molly Wood Dec 31, 2015
HTML EMBED:
COPY

All day long we’ve been tracking the things that happened this year: notable passings, the 10 most-watched ads, cultural trends you need to know for 2016.

But here at Marketplace, we like to follow the money. 

Which is why it’s notable to us that in 2015 — by some accounts — almost 70 percent of investors lost money this year.

It was the worst year on the stock market since the financial crisis of 2008.

CNBC notes that it was the hardest year to make money in 78 years.

It was so bad, in fact, that even investment legend Warren Buffett is having his worst year since 2008. 

Bloomberg reports Mr. Buffett personally lost $11.3 billion in net worth this year.

His investment firm, Berkshire Hathaway, had its first negative annual return since 2011.

Someone is going to be having some extra champagne tonight.

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