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Some fund managers lost more than others, of course.
The S&P 500 lost 2.9% and the Nasdaq Composite declined 6.3%, while Marketocracy's best portfolio managers lost more than 7%, erasing the last of the M100′s year-to-date gains.
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The following correction was printed in the Guardian's Corrections and clarifications column, Thursday October 30 2008 In the article below we said that a German financial daily, Handelsblatt, had reported that the London-based hedge fund manager Marshall Wace lost more than €5bn through its short positions on Volkswagen.
Crystal Palace manager Roy Hodgson has lost more Premier League matches against Man Utd (12) than he has against any other side.
Mr. Cuomo has also sued a hedge fund manager, J. Ezra Merkin, who lost more than $1 billion in investor money in Mr. Madoff's scheme.
A state court judge has refused to dismiss civil fraud charges filed by the New York attorney general against a hedge fund manager whose clients, including Yeshiva University and New York University, lost more than $1 billion in Bernard L. Madoff's Ponzi scheme.
Also, lawyers working on a contingency basis "tend to screen out the average worker because, if the lawyers are going to get a share of the recovery, they will do much better representing the well-paid managers" who lose more income by getting fired and therefore tend to get bigger settlements.
In eighteen years as a catcher and first baseman, on four different teams, he had never played in a post-season game; in nine of his fourteen prior seasons as a manager, with three clubs, his clubs lost more games than they won, and only one of them, the 1982 Braves, made it into the post-season, where they were swept in the first round.
Not helping matters was the rumor that legendary hedge fund manager Julian Robertson and his firm, Tiger Management, lost more than $2 billion in a bet on a weak yen/strong dollar.
BEST SELF-IMMOLATION ONSTAGE The managers and musicians of the Detroit Symphony Orchestra, which has lost more than a third of its season in a bitter strike.
The average fund lost more than 30%, says researcher Morningstar, with even some of the most seasoned, battle-tested managers getting deeply in the red.
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CEO of Professional Science Editing for Scientists @ prosciediting.com