Buffett made just $42.5 billion last year: underperforming the market

On the evening of February 27th, Buffett’s Berkshire Hathaway announced last year’s financial report. The annual revenue was US$245.510 billion, down 3.6%, and the annual net profit was US$42.521 billion. However, the net profit attributable to shareholders in the same period of the previous year was US$81.417 billion. Buffett’s investment income last year was almost cut in half, and the increase in the value of each stock market last year…

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