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>>are you trying to insinuate Tiger Global's managers were negligent/reckless with the money? From the article. =>Tiger Global’s hedge fund assets have been s
by kamaal 4y ago
>>are you trying to insinuate Tiger Global's managers were negligent/reckless with the money?
From the article.
=>Tiger Global’s hedge fund assets have been so hard hit that the outfit has in four months erased about two-thirds of its gains since its launch in 2001.
=> that’s just twice the return they would have received by investing in the S&P 500 over the same 21-year period
Not sure how to interpret these numbers.
- cookingrobot 4y agoI interpret that as: they made 6x returns as the S&P, but then had a bad quarter and are down to 2x returns. Still sounds pretty good.
- kamaal 4y agoI don't think you can go -2x by pressing some wrong button on they keyboard. Its more like they've been making mistakes over years which seem to have culminated in one event this quarter.