Checkered pants wearing Chase Coleman III, from the private country club golf course, who also run Tiger Global, got poleaxed to the tune of 22% last quarter, amidst a sundry of boondoggled investments that left his investors in ruins.
Among some of his low brow holdings are NFLX, JD, FLT and homosexual furniture retailer RH.
His losses are a stark reminder to all those out there wearing checkered pants: karma is coming for you bitches.
It’s also worth noting, his ‘family office sized fund’ of just $6 billion was flat for March, sitting out the rally of epic proportions that ingratiated the unwashed and uneducated masses towards steak dinners and champagn cock’d-tails.
Some of Chase’s other bowsers include DATA, VIPS, and Frederick Wilson’s junkyard, ETSY.
If you enjoy the content at iBankCoin, please follow us on Twitter
This calls for a martini.
his lifestyle won’t change .. no tears for Chaz, or Trey, or whatever
going to be tough for hedgies moving forward .. heard of another start up that lost all of its capital
here’s the piece
http://www.hitc.com/en-gb/2016/03/29/hedge-fund-executive-faces-prison-for-fraud/
The human herd animal is interesting fuckery. Where is everybody? Did frog get put in kindergarten or something. Miss that bimbo.
Please don’t call her those sort of names. Keep it above board.