John Roque, technical analyst at Natixis Bleichroeder

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

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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

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