iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Tiger Global ‘Recovers’ in May; Year to Date Losses Reduced to Only 18%

Chase Coleman III must be half falling off his golf cart, as he attempts to traverse the bumpy roads of the stock market. For the year, thus far, his strategy of loading up on a few tech stocks, then hitting the course for some much needed T time, is sucking extreme dick.

Although his multi billion dollar hedge fund recovered 2.3% in May, his year to date losses still stand, clownishly, at -18%.

Chase the third has been ravaged to pieces in a number of stocks, including JD. More recently, he’s jumped on the Amazon and Netflix bandwagons, hoping the bellwethers will provide him with some outsized performance, so that he might get more time to practice his put.

Unfortunately, judging by his deep losses, he’ll likely be working this summer, foregoing yachting races in Nantucket and polo matches in his backyard.

So sad.

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One comment

  1. frog

    Well, perhaps he will find a way to recover. Maybe he can sign up for Exodus.

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