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Here's Why Berkshire Hathaway Shares Lost 21% in the First Half of 2020

Here's Why Berkshire Hathaway Shares Lost 21% in the First Half of 2020

On paper, it would appear the first half of 2020 set up nicely for Warren Buffett, the investor who famously said, "Be greedy when others are fearful, and fearful when others were greedy." Berkshire has gained a reputation for using downturns to amass large stakes in long-term winners, famously doing a number of deals with large banks during the 2008-2009 downturn that have paid off well.