Warren Buffett says he doesn't care about the daily gyrations in the stock market, but it still has to hurt to see the Dow Jones Industrial Average down so much Friday, with all 30 components losing ground, because it's costing him over $1 billion. Based on the latest regulatory filing of shares held through Dec. 31, Buffett's Berkshire Hathaway Inc. held investments in 10 Dow components. In fact, his second-through-sixth largest holdings were Dow stocks: Coca-Cola Co. , IBM Corp. , American Express Co. , Wal-Mart Stores Inc. and Procter & Gamble Co. , according to FactSet. Assuming his holdings haven't changed, which is a bit of a stretch, he'd be losing a combined $1.14 billion on his Dow stocks just today. On the bright side, if he didn't dump all of his Exxon Mobil Corp. holdings during the fourth quarter--he held 41.1 million shares as Sept. 30--he'd be down another $51.4 million.
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