While Warren Buffett (Trades, Portfolio) has no concern as an investor about the United Kingdom’s separation from the European Union or “Brexit,” the event two weeks ago scared away many in the market, including owners of some of his stocks.
GuruFocus’ All-in-One screener found 16 stocks in the Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) chairman’s portfolio had declined more than 5% over the past month. All except one, Goldman Sachs (NYSE:GS), had declined since the Brexit decision June 24. The broader S&P 500 market has risen 0.91% since the vote and 0.17% for the month ended July 8.
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