The ASX200 is the benchmark of the global stock market and its performance is closely watched by investors.
This year the benchmark has gone up 0.3 per cent on the year and is down 0.4 per cent from last year.
The index was up by 1.1 per cent in 2018.
However, it has seen its biggest drop in its long term trend since the 2008 crash, when it fell by 0.9 per cent.
“I think you’ll see a lot more volatility in the long term as the markets start to unwind a bit, but the S&P 500 index has done quite well in the short term,” says Craig Rattenbury, head of wealth management at R&res, in Sydney.
The ASx200 is expected to rise by 1 per cent next year, and then by 0,5 per cent the following year, says Rattenbrook.
“The long term outlook is quite good and you might see the S and P 500 going up again over the next couple of years.”
The ASX20 is down by 0.,5 per cents, but up by 0 per cent, or 1.6 per cent a year.
The S&p500 is down 1 per cen and up 1.3, or 2 per cent annually.
Billionaire Warren Buffett, who owns The Buffett List, is one of the best-known investors in Australia.
He has been the chief executive officer of Berkshire Hathaway since 2009.
In 2018, Berkshire Hathway made a profit of $3.5 billion on revenue of $14.5 trillion, up from $2.5bn the previous year.