Has Warren Buffett Lost His Touch?

The Oracle of Omaha has been underperforming the S&P 500 by 17% in 2020

Warren Buffett speaks to reporters during the company’s annual shareholders meeting in Omaha, Nebraska on May 4, 2019. Photo: Yang Chenglin/Xinhua News Agency/Getty Images

You’ve probably heard all of the arguments before:

“Warren Buffett is washed up.”
“He’s past his prime.”
“He manages too much money to find good deals anymore.”