2022-06-03
“Even with the losses, Tiger's hedge fund has seen five times more inflows than the amount of redemptions requests, according to the person. Inflows have come from both firm employees and external clients.” 👀 https://www.bloomberg.com/...
Bloomberg
Tiger Global's investor letter shows its fund dropped 14.2% in May, due to losses in tech stocks and markdowns in private assets, pushing its 2022 losses to 52%
2022-05-11
$CVNA - Don't Look Under the Hood™️. @WSJ keeps flagging excessive leverage, lack of profits (except for subprime loan “sales"), related-party dealings to enrich controlling felon, mgmt comments that are false, hype & dump, etc. Where were the signs!? https://www.wsj.com/...
Wall Street Journal
Internal email: Carvana plans to cut ~2,500 workers, or 12% of its workforce, saying it overshot its growth strategy after acquiring car auction site Adesa US
Ben Foldy / Wall Street Journal :