Warren Buffett (Trades, Portfolio) had an inarguably poor 2015, with many of his top positions down and stock of his own company, Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B), falling around 13% for the year.
Investors may view Buffett’s performance from different perspectives. His tried-and-true giant positioning in American stalwart companies suffered last year as investors borne on bull-market enthusiasm turned to astronomically priced growth stocks like Amazon.com Inc. (NASDAQ:AMZN) and Netflix Inc. (NASDAQ:NFLX), which many value investors – like David Einhorn (Trades, Portfolio) – believe are due for a fall back down to earth. Second, many of his peers, like Einhorn, Bill Gates(Trades, Portfolio) and Carl Icahn (Trades, Portfolio), have lost millions and billions in the market mayhem of 2016, in which, as CNN reported, only 18 companies in the S&P 500 dwelt in positive territory Thursday.
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