New Zealand markets closed
  • NZX 50

    11,884.50
    -48.67 (-0.41%)
     
  • NZD/USD

    0.6265
    0.0000 (-0.00%)
     
  • NZD/EUR

    0.5762
    +0.0025 (+0.44%)
     
  • ALL ORDS

    7,373.30
    +60.90 (+0.83%)
     
  • ASX 200

    7,177.80
    +55.50 (+0.78%)
     
  • OIL

    74.58
    +0.21 (+0.28%)
     
  • GOLD

    1,994.30
    -3.40 (-0.17%)
     
  • NASDAQ

    13,074.26
    +111.12 (+0.86%)
     
  • FTSE

    7,639.22
    +18.79 (+0.25%)
     
  • Dow Jones

    33,100.55
    +241.52 (+0.74%)
     
  • DAX

    15,648.51
    +126.11 (+0.81%)
     
  • Hang Seng

    20,400.11
    +90.98 (+0.45%)
     
  • NIKKEI 225

    28,041.48
    +258.55 (+0.93%)
     
  • NZD/JPY

    83.2930
    +0.2100 (+0.25%)
     

2 Warren Buffett Stocks Down 48% and 74% to Buy in 2023 and Hold Forever

2 Warren Buffett Stocks Down 48% and 74% to Buy in 2023 and Hold Forever

Economic headwinds sent the S&P 500 into a bear market last year, and the benchmark index is still 16% off its high. Warren Buffett's Berkshire Hathaway treated the drawdown as a buying opportunity, investing $66 billion into the stock market through the first three quarters of 2022. Smart investors like Buffett know that a bear market offers investors a chance to buy good stocks at great prices.