Discussion

• @lowalphahighvol @lowalphahighvol on x

  So many interesting things in this but one of them is that time and again we see hedge funds launch follow on long only vehicles and it always ends in tears. Been seeing more of this trend in Asia the last few years too. https://www.ft.com/...

• @antoinegara Antoine Gara on x

  SCOOP: Tiger Global ended the first half of '22 down 50% in its flagship fund and 63% in a long-only fund. The fund admitted to investors today to it misjudged soaring inflation but said it is doubling down on some bets.https://www.ft.com/...

• @peterrhann1 Peter R Hann on x

  Always amazes me how supposedly smart people can blow up so spectacularly. Come on, inflation as an excuse? @AlderLaneEggs was right about this guy. https://www.ft.com/...

• @alderlaneeggs Marc Cohodes on x

  Julian and Hwang would be proud of Chase https://twitter.com/...

• @hedgefundmafia @hedgefundmafia on x

  “Our fee structure incentivizes us to maximize risk, so while it'll take 27% CAGR for the next 5 years to reach your previous HWM, we're doubling down. Heads we win, tails you lose”. https://twitter.com/...

• @lsukernik Larry Sukernik on x

  The game of investing OPM versus your own money never fails to baffle me. The “investing meta” is sometimes just figuring out the delta between the incentives of managing OPM vs your own money. https://twitter.com/...

• @nope_its_lily Lily on x

  As someone only down 61% net of fees this year I'm a top investor https://twitter.com/...

• @robinwigg Robin Wigglesworth on x

  Tiger Global's flagship hedge fund is now down 50% this year. It's long-only fund is down 64%, depressing it's long-term returns to under 4% annually. That's almost 9 percentage points less than a “dumb” index tracker since its inception. https://www.ft.com/...

• @pythiar @pythiar on x

  I wish they'd report money weighted returns not time weighted. Bet you the average LP is not sitting pretty right now. https://twitter.com/...