WWWD?
I wrote a recent blog about What Would Warren Do? I've been reminded by a conscientious friend of what the investing guru did in 2008:
Berkshire Hathaway's net worth fell by $11.5 billion, according to its annual report. Since peaking at $151,000 a share in December 2007, it has fallen to $78,600, a decline of 48 percent. The S&P 500 has dropped 49 percent over the same period.
Thank you, John.
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