Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Final Note

It was a rough year for Warren Buffett

Molly Wood Dec 31, 2015
HTML EMBED:
COPY
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.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.