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One Man Lost $2 Billion in Two Days — but He's Probably Not Freaking Out About It

Warren Buffett, chief executive officer of Berkshire Hathaway Inc., speaks at a Detroit Homecoming event the Center for Creative Studies in Detroit, Michigan, U.S., on Thursday, Sept. 18, 2014. Detroit Homecoming is bringing more than 150 former Detroiters back home to discuss investment, philanthropy and re-engaging with their hometown. Bloomberg/Bloomberg via Getty Images

Who has two thumbs and lost $2 billion in the past two days?

Warren Buffett.

Warren Buffett, chief executive officer of Berkshire Hathaway Inc., speaks in Detroit at the Center for Creative Studies, Sept. 18, 2014. (Bloomberg/Bloomberg via Getty Images)

Buffett's trouble started on Monday, as IBM announced disappointing earnings and said it was jumping out of the semiconductor business, which promptly led to IBM stock tumbling 7 percent.

Buffett's Berkshire Hathaway investment house holds 70 million shares of IBM, CNN Money noted, generating a $1.3 billion loss during Monday's slump.

On Tuesday, Coke, a longtime favorite of Buffett's, reported meager third-quarter growth and told investors not to expect much future growth as the pop company struggles to sell sugary drinks to a more health-conscious public.

Coke stocks dropped 6 percent following the news Tuesday, socking Buffet with a $1 billion loss.

Of course, for the "Oracle of Omaha," a $2 billion hit is far from the end of the world.

Business Insider reported that Buffett's net worth was more than $63 billion in August — and that he was earning $37 million per day, more than Hollywood heavyweight Jennifer Lawrence earns in an entire year.

Earlier this month, Buffett told CNBC that he would keep buying stocks as others sold in the down market.

Follow Zach Noble (@thezachnoble) on Twitter

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