The stock market is, so far, stumbling in 2022. From January 1 to April 8th, the S&P 500 is down about 5.5 percent. Some of the best performers over the past few years have taken heavy hits. Facebook shares are down about 33 percent. Netflix shares have plunged almost 40 percent. Even Amazon dropped almost 8 percent.
In sharp contrast, Warren Buffett’s Berkshire Hathaway shares are defying gravity. As of April 8th, they were up 17.38 percent year-to-date. Over the past 12 months, they were up a whopping 33.59 percent. You might be asking, “Why are shares in Berkshire Hathaway rising and shares in Netflix falling? The answer is simpler than you might think.
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Why Berkshire Hathaway Shares Are Soaring This Year
The stock market is, so far, stumbling in 2022. From January 1 to April 8th, the S&P 500 is down about 5.5 percent. Some of the best performers over the past few years have taken heavy hits. Facebook shares are down about 33 percent. Netflix shares have plunged almost 40 percent. Even Amazon dropped…
