Warren Buffett likely took a $6 billion hit on just 4 stocks during Monday’s painful sell-off

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Warren Buffett likely took a $6 billion hit on just 4 stocks during Monday’s painful sell-off

Warren Buffett likely suffered a $6 billion blow to his stock portfolio on Monday, as four of his biggest holdings slumped in value during the . The investor's Berkshire Hathaway conglomerate counts Apple, Bank of America, American Express, and Coca-Cola among its largest positions. Those four stocks fell between 1% and 4% on Monday, wiping about $5.9 billion off the combined value of Buffett's stakes in those companies. Berkshire boasted 887 million Apple shares at the last count. Assuming he hasn't touched that holding, it slid in value by $3.5 billion on Monday. The conglomerate also took a $1 billion hit on Bank of America, a $2.7 billion hit on Coca-Cola, and a $1.1 billion hit on American Express. Buffett won't be too bothered, as he famously focuses on long-term performance, and has already . For example, Berkshire spent $36 billion to build an Apple stake worth $126 billion today, . The investor's company also spent $1.3 billion for Coca-Cola stock worth $22 billion today - a roughly 17-fold gain. Moreover, its $25 billion stake in American Express has a cost base of $1.3 billion, and it spent about $15 billion to amass a Bank of America position worth $37