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what should they be correcting? Everyone who stayed with him since mid 2008 has lost 65% of their net worth they had in Clarium as of 2008. However, considerin
by borism 16y ago
what should they be correcting? Everyone who stayed with him since mid 2008 has lost 65% of their net worth they had in Clarium as of 2008.
However, considering that Clarium assets under management are down from about $8bn to about $2bn, that's only about 25% of investors since the peak (assuming everyone invested equal sums of money at the same point in time - most certainly not true).
people should first learn to read financial journalism correctly before sending "corrections" back :)