Only 4 of The Top 55 Legendary Investors Are 'Up' In 2008

[libertad]

Excellent Commentary All
........................................................................


This is where small is good.....and big is not....

This is where finally individuals

have the advantage over larger pools......

Big money just cannot be run in some niche

strategies.....but this is an advantage, not a disadvantage.

This is also why privacy is very important.

You put together what works for you, and quietly

make your money......and you simply always work to make

it better.....

This is also why this is a SELF game......

 

[ammo]

it seems the larger cash pools are and have been in commodities and not equities,this perhaps is why the vix is not over 30

 

[Renegen]

GuruFocus is a pathetic website, this shouldn't even be news. I think that the performance is voluntary information? I checked that website over 1 year ago, almost every of their "gurus" were losing serious money, and we had a bull market.

 

[gnome]

Quote from Renegen:

GuruFocus is a pathetic website, this shouldn't even be news. I think that the performance is voluntary information? I checked that website over 1 year ago, almost every of their "gurus" were losing serious money, and we had a bull market.

ET must be a MUCH better forum... hardly anybody ever admits to losing money here. In fact, it seems the huge majority of us "knock the cover off the ball", daily

 

[RussellDaytrade]

Any insights here as to the present conditions of more of the top-tier hedge funds? Or even lower-tiered hf's?

It may be more indicate of any possible up-coming blowups, as they are typically leveraged, as opposed to the mutual fund managers in the op's list, as they are not typically leveraged.

It would be interesting to see how some top hf's are navigating this enviroment, like RT, Tudor, DEShaw, etc...some of the top quant-type vehicles, in particualr to estimate if they have adjusted to the change in market climate, for if they have not, it may auger for 'more of the same', which may likely be indicative of an acceleration to the downside still in store, with attendant hf liquidations at smaller hf's, (if single-digit B's under management can be considered 'smaller'.