FANG Is So 2015… BARF In 2016 by Darin Milmeister of Extract Advisors
The world has been enamored by Facebook Inc (Nasdaq:FB), Amazon.com Inc (Nasdaq:AMZN), Netflix Inc. (Nasdaq:NFLX), and Alphabet Inc (Nasdaq:GOOG) – represented by the acronym, “FANG.” The four stocks gained an average of 82% in 2015 and collectively created more than $449 billion in equity value. These companies generated a combined $186 billion in revenue over the last 12 months.
We at Extract Capital wanted to create a meaningless acronym ourselves, “BARF.” These are huge, or relatively huge, well…. they were huge mining houses. BHP Billiton Ltd (ASX:BHP), Anglo American plc (LSE:AAL), Rio Tinto plc (LSE:RIO), and Freeport-McMoRan Inc (NYSE:FCX). The four stocks declined an average of 51% and lost $101 billion in equity value in 2015. The four companies generated a combined $130 billion in revenue over the last 12 months. YTD for 2016, these stocks have dropped another 22.9% on average through January 20.
Black Bear Value Fund update for the month ended November 30, 2022. Q3 2022 hedge fund letters, conferences and more Dear Partners and Friends, Black Bear . . . SORRY! This content is exclusively for paying members. SIGN UP HERE If you are subscribed and having an account error please clear cache and cookies if Read More
We are not espousing or implying any investment advice as it relates to the FANG or BARF stocks and we currently have no positions in any of the eight companies. Please draw any conclusions from the table below at your own peril:
FANG vs. BARF
1 Based on searches of company names on Google News Search