All of the bull market mavens are getting their brains blown out in 2016. I will not beat around the bush, most of these guys were once great investors. They got rich and fat, started to walk around like pigs, chortling about Wall Street. Now they’re being slaughtered.
Rather poetic, if I don’t say so myself.
These are approximate returns based off recent SEC filings.
Tiger Global: -18% (NFLX, JD)
Greenlight Cap: -15% (AAPL, GM)
Pershing Sq: -11% (VRX, APD)
Paulson: -12% (VRX, AGN)
Icahn: -15% (CVI, AAPL)
Lone Pine: -10% (VRX, PCLN)
Berkshire: -8.5% (WFC, KHC)
Third Point: -8.5% (Dow, AMGN)
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$AAPL still the #1 hedge fund hotel. These guys are going to get slaughtered riding it down to about $74.
Buy their margin call