Like everyone else, I’ve watched my stock portfolio get demolished the past few weeks. I kissed several years’ worth of retirement savings goodbye. But I suppose my losses pale in comparison to those felt by Bill Gates (who lost about $2.5 billion since September) and Larry Ellison (who dropped $1.6 billion). In fact, it’s Warren Buffett who has shown us how smart he is about investing, because he’s made $8 billion in the same period and now stands as the richest person in America.
Must be rough.