Tiger Global's hedge fund has slumped by 34% from January to March 2022, losing around $10B, fueled by declining stocks, the Ukraine war, and China's crackdown
A bad quarter makes Coleman more famous than the previous 20 years of success did. Tiger Global's 34% Tumble Brings Coleman's Firm Back to Earth. https://www.bnnbloomberg.ca/ ...
“Stock declines in our focus areas have been steeper, faster, and longer lasting than in prior drawdowns” “In hindsight, we should have sold more shares across our portfolio in 2021 than we did” https://www.bloomberg.com/...
The numbers in this article by @RobinWigg are insane: A leading hedge fund underperformed the market by 56% over 15 months - and yet the fund manager personally received $2.5 billion! https://www.ft.com/... https://twitter.com/...
A story that writes itself these days is to pick any major fund that invested in tech stocks from SoftBank to Tiger Global and point out its massive underperformance. The biggest loses have been driven by China's crackdown on tech which is a lesson itself https://www.ft.com/...
With the Nasdaq up 17% between the start of 2020 and the end of March this year, Tiger Global's main fund has now underperformed the benchmark tech index by 56% over the past 15 months https://www.ft.com/...
Another story of pros digging in with a rigid opinion and suffering the consequences. As an individual investor, you NEVER have to do this. That's your edge. But few properly exploit it. https://www.bloomberg.com/...