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Buffett’s Berkshire Hathaway has lost more market value in 2020 than all but 4 publicly traded U.S. companies

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Clearly, it’s good to be in tech this year. Banks, not so much.

The proof is in this tweet from Roundhill Investments CEO and co-founder Will Hershey, who laid out the biggest market-cap winners and losers in the stock market so far this year.

As you can see, JPMorgan Chase
JPM,
-0.50%
,
Wells Fargo
WFC,
-1.00%
,
Bank of America
BAC,
+1.48%

and Exxon Mobil
XOM,
-1.97%

are the only companies hit harder than Warren Buffett’s Berkshire Hathaway
BRK.A,
-0.13%

this year in the public market.

On the flip side, perhaps…



Source marketwatch.com

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