Buffett investments value down 43%

by mtippett | November 20, 2008 at 02:04 pm
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It appears that nobody is above the fray.

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 John Roque, managing director and technical analyst at Natixis Bleichroeder, suggests these staggering losses are simply a matter of the fact that "a bear market gets everyone" — even Wall Street legends.

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