«
»

John Roque, technical analyst at Natixis Bleichroeder

Email this post Print this post
By Barry Ritholtz - November 21st, 2008, 4:00AM

Feeling mauled by the seemingly undying bear market? Take a look at the year-to-date performance for some biggest of the big-name investors and consider yourself in good company:

* Warren Buffett (Berkshire Hathaway): -43%
* Ken Hebner (CMG Focus Fund) -56%
* Harry Lange (Fidelity Magellan): -59%
* Bill Miller (Legg Mason Value Trust) -50%
* Ken Griffin (Citadel): -44%
* Carl Icahn (Icahn Enterprises): -81%
* T. Boone Pickens: Down $2 billion since July
* Kirk Kerkorian: Down $693 million on his Ford shares alone

My guest suggests these staggering losses are simply a matter of the fact that “a bear market gets everyone” — even Wall Street legends.

click for video

~~~

Source:

How the Mighty Have Fallen: Buffett, Other Legends Feel Bear Market Bite
Aaron Task
Nov 20, 2008 01:56pm

http://finance.yahoo.com/tech-ticker/article/132132/How-the-Mighty-Have-Fallen-Buffett-Other-Legends-Feel-Bear-Market-Bite

PERMALINK
Category: Bailouts, Investing, Markets, Trading, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “John Roque, technical analyst at Natixis Bleichroeder”

  1. Steve Barry Says:
    November 21st, 2008 at 6:09 am

    I posted months ago Buffett jumped the shark when he started popping up on CNBC all the time and now he basically owns a piece of CNBC with his GE stake. If he were still on his game, you would never see him. Bill Miller’s firm Legg Mason owned 25% (not a typo) of Amazon.com in late 2006…he deserves to be where he is, the worst large blend fund in YTD, 1, 3 and 5 year returns per Morningstar…his 10 year return is a loss of 1.32%. Pickens said oil would never fall below $100…now THAT’S talking your own book.

50 queries. 0.186 seconds.