From hero to zero. Investment guru Warren Buffett recently saw his wealth eroded by billions of dollars after Apple share price plunged in value.
Widely regarded as the Godfather of Investments, Warren Buffett is revered by numerous global investors for his god-like investment acumen. Being a value investor, Warren Buffett showed the way how to make money from stock market through value investing. In short, he is not afraid of going against the herd when it comes to investing.
However, Warren Buffett’s shock purchase of Apple shares, through Berkshire Hathaway, is considered bizarre because it ran against his contrarian principle. Where is the safety margin and mitigations for downside risks that our guru always preach?
Over the years, Warren Buffett had made a number of poor investment judgements that proved costly to Berkshire Hathaway investors. Among the worst mistakes should be funding the