$100 Billion Hedge Fund Goes T*ts Up

[@THC4k]

Moral of the story: Gamble with other people's money.

[@incremental_failure]

Here I am, looking at my own losses this year and feel like an idiot. Need surgery to become psychopathic, so I could do what Coleman and Woods do.

[@chilam1]

This is sooooo accurate lol

[@millenialmusings8451]

@@incremental_failureyou forgot Musk.. the biggest psycho and narc of them all.. I'm currently researching if i can become psychopathic by injecting some drugs. It's a required temperament to become wealthy today

[@SRParsonage]

As Buffett would say. The tide has gone out, Now we know who was swimming naked.

[@michaelrexrode3759]

Everybody is a genius during a bubble.

[@vincentyeo88]

My shoeshine boy has become a stock analyst. 🤣🙃🤣

[@michaelepp6212]

Everybody but me, the Value Investor. I watched everyone else getting rich for 2 years. Now the chickens are coming home to roost.

[@michaelykwon]

including baby mommas and rappers.

[@lonewanderer4207]

@@michaelepp6212 same here

[@rashidkhan-xm4rl]

@@michaelepp6212 some people are smart enough to keep there gains

[@franciscodanconia4324]

Hmm. Billion dollar hedge fund is down 45% YTD. My boring ass portfolio is up 5% YTD. I guess toilet paper and toothpaste have a lower beta.

[@harrisonwolff7611]

Don’t forget ATandT

[@Mar-ec7et]

Most of USA fund managers and business people must kneel down and thank the FED for such wonderful well done jobs for decades.

[@jimipet]

Not forget that if in the previous years they invested on average like 2billion and had an average 20% profit, and in the last year they invested 20billion and had a 40% loss, then you probably didnt wipe out the last 2 years gains, but you wiped out your last 20 years gains and even more.

[@grahamsmith5396]

Chase Coleman got legally paid to gamble away other people's money and his clients accepted it as " yah win some ,yah lose some!". Lololololololol. Chase Coleman is a true titan of finance!

[@Jtking3000]

He should be called Chase Momentum

[@mrjjman2010]

Chase non refundable performance fees

[@mathieumaticien]

Any billionaire that gets swayed by gadgets like car vending machines should be arrested just for sheer stupidity

[@Quack_special_prosecutor]

😂😂😂😂😂

[@game5201]

🤣🤣🤣

[@WiCapitalco]

1 year later: they're still doing it

[@kevinbarry71]

It's a suckers game. You believe their promises; and smile when things go your way. But when they're leverage bets, something you can do by yourself, go the wrong way. Well you lose your money; but don't worry the managers made plenty of money before on your cash

[@JM-fo1te]

I don't think you know how punctuation works bro

[@cumknightgael9505]

@@JM-fo1te Fr lmao; this is so embarrassing, to read.

[@Big_Boss14]

@@cumknightgael9505 *At least he tried man.*

[@jeffmorin5867]

@@cumknightgael9505 It works better if you imagine William Shatner is speaking.

[@realjoshuat5551]

“Can anyone do better than 50% loss?” Cathie Wood: “Hold my beer.”

[@darrienjames30]

😆😆😆 Why, Cathie will be back 🙃

[@realjoshuat5551]

@@darrienjames30 idk if you realize how hard a 300% gain is to get. But if it takes her 25 years idk if thats something to be excited about.

[@davidanalyst671]

I don't know why he says tiger failed... arkk failed harder, but she did so many press events with bad investment advice that everyone stayed in

[@Allen-L-Canada]

Roberson shorted while the market building up to a bubble, Coleman longed before bubble pops. They both thought they could time the market.

[@JQ888]

As a former employee at a tiger backed startup, I agree with this video (also felt attacked 😅)

[@amyx231]

Well, I mean, if you make 20% off the wins but don’t pay for the losses, highly speculative investments is the way to go.

[@egal1780]

Will we ever get a Video 'how to start your own hedge fund'? XD

[@1SOUL4JAH]

Yes please huh!

[@tommiranda3158]

@@1SOUL4JAH Get a local business license and then convince rich people to give you their money to invest. No licenses or experience is needed. That's why so many fail.

[@casucasueq4479]

@@1SOUL4JAH Add this to what was said above. Use the "Home Run" investment strategy. In vulture capitalism you buy 10 large businesses. Run their credit into the ground by expanding and buying out other businesses. Pray one of these 10 swings at a home run hits and sells at such a huge profit it covers all 10 original investments and more. On paper the business looks solid and profitable but in reality it's just about to burst and close down. There is a famous story about a paper mill, Mitt Romney and his vulture like hedge fund Bane Capital.

[@earthmover4105]

Check out Bridger Pennington, great channel.

[@Quack_special_prosecutor]

The cycle continues

[@Cap_management]

They now wish they followed rules of Benjamin Graham. Its interesting how his rules can prevent losses in 95% cases.

[@user-wr4yl7tx3w]

Just shows his success was basically batting just for home runs. Like Buffett says when the tide drops…

[@e.sanoop110]

A fund manager's performance is best seen and valued in Bear markets. In Bull markets, the Vix is low, there is no fear and volatility. Things are pretty smooth and stable. But in Bear markets, the fear, stress and volatility is at its highest. So if a Fund manager can handle that and come out successful during that time, then he/she is a great fund manager. 😎😎😎

[@warwicknexus160]

Brilliant! Great analysis and presentation. Much better than the star-studded CNBC crap.

[@jujijiju6929]

Similar story with most of the Tiger Cubs, they all did the high growth equity long/short strategy in US, China.

[@funmilayotijani3119]

Tiger also pumped the price of Flutterwave to $3billion, the so-called "First Unicorn" in Africa. This same company has been recently hit with a slew of bad press relating to financial mismanagement and sexual harassment, all of which Tiger has conveniently ignored.

[@franciscodanconia4324]

I don’t get it. The run ups in pandemic benefitting stocks was clearly unsustainable. How do you not see that with millions in analysis tech?

[@christiansantos7164]

Exactly. WTF were they thinking??? Just reckless.

[@ramrao668]

Could the 2/20 profit sharing incentivize short term thinking ? Make 20% on the gains during an unsustainable run up and then close the hedge fund when it all unravels and start a new hedge fund.

[@logknot7867]

One word: greed

[@olufunbiolowolafe2468]

@@logknot7867 and cocaine...

[@RoodJood]

I see what you did there with the name tag. Who is John Galt?

[@vanesslifeygo]

I sold SE and forgot about it. Once I saw that chart in this video, I'm so glad I got out of that.

[@mingg9439]

I sold half at 60%loss.. should I sell the rest

[@vanesslifeygo]

@@mingg9439 Ouch, it's hard to say. Whether you sell or not, my *guess* is that you could hold on to at least a little bit. If I had money, I'd buy a little, but I don't have money now and I'm in a bad spot :(

[@samsonsoturian6013]

Correction: Hedge funds don't necessarily try to beat the market, but try to stay 100% uncorrelated to the market (hence the name). Of course, the ones that do beat the market see massive capital inflows so...

[@accrualworld4488]

That’s the old school definition. Today it just means a private fund trying to beat the market.

[@SebastianCoetzee]

Not necessarily. The original investment vehicle of this type was established by Alfred Winslow Jones in 1949 which he called a "hedged fund". He was basically a pioneer in going long on stocks he thought would go up and taking an equivalent sized opposite short position in stocks that he thought would go down. This meant that he was betting on the relative value of the stock as opposed to their absolute value. This is known as a beta-neutral strategy, because you are hedging out your exposure to the rise and fall of the market (beta). Most of the large hedge funds these days are multi-strategy and aren't necessarily hedged. It's just a name.

[@samsonsoturian6013]

@@accrualworld4488 the ones you see in the news, yeah. But thereover 10000 hedgies in the US alone with average AUM of 80 million

[@stockvaluedotcom]

@@SebastianCoetzee Funny how "old school definitions" become important as markets go boom.

[@SebastianCoetzee]

@@stockvaluedotcom I'm pretty sure no-one who invests with Tiger Global is under any illusion that they won't lose money if the market is down. No-one feels sorry for rich people temporarily losing a percentage of their net worth.

[@Liferoad371]

The best line in your quality content, The Emperor has no clothes, Great job!!

[@anandkothari9616]

In India tiger global initially invested in very good quality start-ups. But recently they’ve been paying exorbitant valuations. In case of BharatPe they overpaid but not by a lot as BharatPe secured a Small Finance Bank license. In India Banking license is EXTREMELY difficult to get.

[@Bingbangohmigollygod]

Some days success is a bitter pill to swallow

[@patrickkillabrew6207]

HedgeFundGuy: Give me $5 billion. If I can earn $1 billion profit on it, I’ll only charge you $300 million. ManWithMoney: What if you lose all my $5 billion instead? HedgeFundGuy: In that case, I’ll only charge you $100 million. Deal? ManWithMoney: Wait. What?

[@testing6753]

Deal.

[@techgod3670]

Tiger Global isn't obliged to give back a penny? Aren't there any kind of clawbacks of fees when performance is so worst

[@DailyChinese_]

no so hedge fund is a scam

[@austinh1028]

contractually, poor performance is has a "not our fault" clause- or "unforseen circumstance" so good luck to anyone trying to get any bit of that money back, funny money can always evaporate

[@johnnygotti1568]

OH SHIT BRO GOT A NEW MIC

[@pmorton7960]

I tend to not trust folks with a verb as a first name, a first name for a surname, or goofy hyphens... 🤔 🙃 🤪

[@mrjjman2010]

Lmao are you telling me you wouldn’t invest with the famous trader “buck “chase” Edwin-woods johnsonville sackler”?!?!

[@pmorton7960]

@@mrjjman2010 😆 🤣 😂 noooo waaay!!! 😆 🤣 Even threw a City, from Florida!!!? in there?... must be the devil.. 😆

[@teegeeontario1180]

I never understood the logic of investing in a hedge fund. You are giving your money to someone else to gamble with. If you want to gamble you can do that all on your own. As this video documents, if a hedge fund manager starts to do well, hot money piles into his fund. This continues as long as the fund performs well in the short term. When the market turns against the fund manager, all the hot money starts to pull out. The nature of hedge funds is to attract stupid investors who believe the manager is a genius who can keep producing high returns year after year. Anyone can produce high returns in the short term with enough leverage and agreeable market conditions. Of course, in the long term when conditions change big money can be lost. Thank you for this video. It was very informative.

[@alexm566]

not everyone has enough time to do that. imagine if you're a busy parent with several kids and lots of side drama in your life.

[@davidanalyst671]

its the same thing as a mutual fund except with lower taxes and fees my bro. lolz. you just called yourself out as being stupid

[@mlin1120000]

A lot of that money is from non-individual source such as pension, define benefit (401k), and endowment.

[@teegeeontario1180]

@@alexm566 True enough but retail investors can buy quality mutual funds and ETFs. I don't think Hedge Funds are targeted at regular investors. They are targeted at rich Stupid investors.

[@Shapar95]

Except for ray Dalio and others do often beat the market…. So you’re wrong?

[@derek04151]

"The market can stay irrational longer than you can stay solvent." That's perfect, coin it and put it on a t-shirt. Statement of the whole last decade.

[@rameshhansaravendra]

Michael Lewis once said, people lose money because they are fixated on the predictability of unpredictable things.

[@incremental_failure]

That's a very old quote. It's from Keynes so likely 1920s or 1930s.

[@briagra]

One of the best quotes about investing was by a man who lost a fortune during the South Sea Bubble of 1720. He said, “I can calculate the motion of heavenly bodies, but not the madness of people.” His name was Isaac Newton.

[@chriswright9096]

I hate it when someone takes a sledgehammer to my soufflé

[@DjIronClaw]

I ❤️ This channel… keep it up

[@nox7644]

Absolutely in love with your channel and your continuous output

[@elizabethcora6765]

So far in the past few months I’ve slowed down buying to only maybe an IPO or something I already own that has been overly beaten down. Only money I’m consistently investing is into other markets.

[@loganjackson8515]

Same here sold my stocks earlier and my strategy ever since has been pretty much buying Gold and silver to protect my weałth but if I could come up with a way to stay invested and be profitable that would be brilliant.

[@elizabethcora6765]

Last year a colleague introduced me to an investment manager Camille Anne Hector. With her help I have been able to diversify by investing in different market and asset classes while also keeping an open eye for attractive stock picks. She is famous and has got a website. So, you can check her out online and subsequently contact her from there.

[@loganjackson8515]

Thanks for the recommendation I found her website easily online and I’m really satisfied with her reviews and certifications, this is a much safer and easier way for me to get back in this very volatile market.

[@maxwelljohn1545]

Please is she readily available? I made the regret of my life tackling this volatile market by myself now it’s been red after red. I would love to get guidance considering how bad I have messed up my portfolio.

[@jonesherbert7409]

Simple, consistent, and easy. I'm up 75% with her managing my portfolio. If you're looking for consistent gains this is an easy and amazing way to do it. As passive or active as you want and all for a great value!

[@phillyvoodoo]

What kind of genius thinks that a bubble stock will have infinite growth..... Oh well, he gets to keep all of his gains, it's only the retirement funds that he bankrupt

[@davidrynberk1533]

no kidding..

[@cheesesniper473]

Any idiot can run a hedge fund with billions of dollars in investors and huge excesses of liquidity from the fed. As soon as any tightening happens, these things implode.

[@stuartegrin7543]

No due diligence? How professional is that?

[@Tupsx57]

Is he obligated to return past performance fees on future losses? I highly doubt that. He is greedy, yes. But if he is under no obligation to pay up, he will definitely not do it.

[@MCorpReview]

Nice vid 😂never heard a ring central 😂think he was lucky to get in early on Chinese tech, but there is an Indian or Chinese saying about riding the tiger 🐯 and getting down from its back 😂

[@damianmysciak3264]

He looks like Chandler from friends lol

[@mrjjman2010]

Lol comparably paid

[@NoName-vy8vu]

How do YOU know their due diligence process? lmao

[@Amazingpally]

When you are able, in any given moment, to find the laughter, to find the love, your life as you have lived it through the filter of your mind, will be over. To know the self is to see the self, to see the self is to understand the self, to understand the self is to learn, to learn is to teach - this is the obligation set by each student as they walk the path to healing.

[@namelastname_]

Lions and tigers and bears , oh my!

[@allencoffland1685]

excellent work

[@mrgyani]

10:52 - this guy was a shark in the Indian version of shark tank.. Was the rudest and most obnoxious of all, by far. And would often bost about how he got a massive valuation in a short time. The corruption allegations against him are petty & not worth much, but probably worth a few hundred grand maybe. I don't think that affected the valuation or the business in any way. It's a solid business, well run and very conservatively budgeted - similar fintech companies spend hundreds of millions on advertising while this guy managed to build something on a much tighter budget. And it is profitable. Although the valuation may be high.

[@pdempsey]

Fraud is fraud, the amount doesn't matter in reality. It's too bad because even though BharatPe was late to market Grover rolled out the idea on lending to SMBs through the app and it was a winner. The Grovers' egos led to their downfall, but as you said, BharatPe is a solid business.

[@Ryfael]

We found Mr. Grover

[@RemiStardust]

6:36 "Like a dear in front of headlights, they just doubled down on their strategy of buying high multiple growth stocks" Oh, so that's why dear get hit by cars! They be buying them risky stocks in the middle of the street!

[@RemiStardust]

@@pjdurkin8582 Hehehe, wooops :)

[@athirstyguy]

You could've probably left out the lady in the picture of Coleman lol. She shouldn't have to take any heat for this.

[@EQPaunders]

Treat all crime same. You do illegal all associates possible suspects. Treat All crime Same. All crime matters.

[@yappydabbad9323]

when rates come down modestly alot of his positions will rally alot but it's unlikely to ever hit their high watermarks.

[@on-site4094]

Some hedge funds are having bad years 😂😂😂😂😂. Warren buffet says shorters are future buyers

[@mcalderazzo]

Excellent information presentation , thank you WM

[@TahaNasser]

They failed for the same reason - lack of risk control and naive investing style. Trading and investing is risk control primarily. An average algo trader working from home is better than these clowns.

[@donaldfraser2431]

Yikes, that hard, but you are so right !!! Lol !!! The funds are all piled in on the same stocks.. $CVNA is a joke !!

[@finwalter395]

Chase Coleman isn't a clown at all. He prioritized his personal gains over the funds performance. I can't conceive a better legal method to take advantage of your clients. He's a billionaire now. The clowns are the guys that accepted 20% performance fee.

[@incremental_failure]

I'm that algo trader but even if my performance is better, I'm still garbage. I'd rather have $3 billion and a bunch of angry investors any day.

[@TahaNasser]

@@incremental_failure you guys are right. The whole hedge fund fee structure is likely a big part of why so many of them suck. Watch how much better they'd get if they only got paid when the clients made money.

[@incremental_failure]

@@TahaNasser It's extremely hard if not impossible to make large percentage gains using billions, this is why they all do all-in-risk strategies. Liquidity is very limited and there's only a few very liquid markets that they can play in.

[@warrenbailey5469]

Cathie's next lol

[@MikeNewland]

The essence is investments which produce an above average return most of the time and huge losses now and again. Take your management cut during the most of the time.

[@Miguel_Angel718]

I'm a wall street gen X who has started late in life in the world of investment. Im pretty fucked, but im very entertained by the madness!

[@alf.2929]

I think Tiger Global the same way as I think of Archegos. Both of these tiger cubs should be skinned and made into rugs.

[@fartywood3917]

Should have used a STOP LOSS mate!! 🤣😜😆🤣😜😆

[@someone-fs6ix]

So hes just a 3x leveraged cathie wood?

[@jeremynewell9903]

$10 says he and Cathie Woods join forces and rebrand. 😂

[@jonasdauerbrenner6432]

luv the title bruv

[@mateusz3162]

Firefighters always gamble their pension funds

[@anav587]

Hwangs legacy

[@samsonsoturian6013]

Hwang is part of Tiger's legacy.

[@turbyoulance]

Fools and there Money are soon parted

[@zighag3367]

nice vid just graduated with a Finance degree time to use that bad boi ;)

[@saeedshaikh12]

I wonder if these hedge fund guys never put a stop in the market

[@jeronimo196]

Stop loss is for losers. The true apes diamond hand to the bitter end.

[@TheRealJellyBomb]

That's actually another good reason not to put your money in a fund like these. Once you've amassed a large enough position, getting out gets way harder. If you have a 10k position in a company as a private investor, you can get out in a heartbeat at current prices. If you're a fund with a 10b position, it's an entirely different story. You can't just sell a position like that without tanking the charts.

[@smeshnoymatvey2054]

Stop Loss is for cowards. If you are willing to lose 10% or 20% and then quit you are a loser.

[@LoudPackProduction]

Great video

[@stockvaluedotcom]

You'd rather be a year too early than a day too late-except when trading markets.

[@donaldfraser2431]

When Tiger marks their privates, GAME OVER !!!

[@markusgarcia4136]

These are the securities warren buffett warned us about, but it seams pension funds dont learn 😂

[@aersn4locs]

What comes up must come down

[@Patrick-bu5vy]

Great. Do Cathie Wood next......bubbles go POP!

[@jameshoffman552]

Chase Coleman should have asked me how to hedge -- Long TSLA short LCID has served me well in 2022

[@on-site4094]

Shorters comming up short 😂😂😂😂

[@dp26385]

When you gamble you deserve this outcome!

[@bradseutter]

Very well & thoroughly presented. I also respective the balanced emotional tonality in delivery.

[@anggasurbakti8269]

Could someone explain what would happens if pensions in hedge fund is lost? Who will replace the pension, is it federal government?

[@visco4916]

The money is lost

[@anggasurbakti8269]

@@visco4916 so teachers, or other jobs will not get their pension?

[@cek0792]

A well managed pension fund will probably only have a very small exposure to hedge funds. And I think pension funds, mutual funds, and some investment banks are not allowed to have exposure to venture capital and hedge funds in many countries.

[@sharmaakshay3253]

How to invest as a beginner, buy the right investment, avoid individual stocks, create a diversified portfolio, be prepared for a downturn, stay committed to your your term portfolio, above all, consult a financial coach and start now

[@keiserious]

Looks like he rebounded and he now has $50bn> in his fund.

[@stuartegrin7543]

Looks like legalized scamming to me

[@akshit20]

Ashneer Grover - Ruk tera Doglapan main abhi utaar ta hu 😂

[@Mabeylater293]

00:16 what city is that?

[@Andre747]

Legal theft.

[@4g63t8]

My hairline would be way better than that with 20 billion

[@hroszell]

The definition of fumbling the bag

[@guillermogic]

This reminds me my algos in the crypto world: they worked awesome until November, giving returns 2X to 3X than buy/hold, attracting investors. It was a party! Then, as the bear market started rolling out, they dropped heavily even during sideways phases, well below buy/hold. The lesson is that even automatic algos contains our bias. But you dont see it until it is too late. So, I realiazed I was not so good at doing algos, it was the bubble!

[@TheRealJellyBomb]

Kudos on that. It seems most people instead conclude that (insert villainized fund of the day here, e.g. Citadel) is conspiring against them 😂

[@guineboud1347]

"whatever your market strategy, it's always possible to suffer catastrophic losses" or maybe just don't take on that degree of risk in either direction lol

[@Iowa21]

This is my style of investing, I would make a great Tiger cub

[@stuartegrin7543]

Overpaying? Fees on aum? Oh my

[@Visiontech]

This narrator makes it clear as a bell!

[@bethromelus6172]

This is so interesting. Now I understand why investors and certain hedge funds/VCs inflate the valuations of certain startups. They're trying to manipulate the market and look more successful than they actually are so others can invest in them too or act to their benefit. I think I'm correct. What do y'all think? Am I right or wrong?

[@Lanternorder]

Yeeerrp

[@munix9351]

Exactly so. I worked for a pr finance company. So I know. Majority inflate by 40% and share the information with each other so it seems one VC firm found a unicorn. But if you look at the books they would have invested early. Sometimes it's also the opposite because of competition they would intentionally deflate some companies and funds. When you see a random tech company with basic business offering being estimated as 100billion dollars just know they are all in it together 🤣 suit wearing scammers I call them with dillusional ego.

[@bethromelus6172]

@@munix9351 Thank you for confirming some things for me. I recently listened to some podcast episodes and read some tweets on how hedge funds like this don't really know what they're doing. They're so focused on looking for the next big thing that they might be closed in the future because many of these startups are trash.

[@stuartegrin7543]

And they never saw any of this coming. Genius

[@adnmoh1]

Carvana is back at 134 a share

[@WorldinRooView]

They got tiger blood, win there win there winning.

[@stuartegrin7543]

Fees fees fees 🤪

[@stuartegrin7543]

Brilliant

[@hume1234561]

Two years later and Carvana has rebounded. Nvidia is going gangbusters and Tesla and Microsoft are on a tear. Tiger global didn't get out when the going was good. They could've gotten back in a year later and had those same outsized returns.

[@MasterEggroll]

Im down about 20% right now. it burns my bootyhole but not on margin and holding solid companies minus a few small positions

[@wtf_usa5597]

Dude has "con-man" written all over his face. Paid himself $3B in 2020. That should have been a clue. And I'm sure Coleman still has it all, unlike his investors. 😡

[@ajmc7461]

He did not pay himself 3b. That’s just how standard performance fees work. The fault is with those who invested. Not sure why people find that so hard to understand.

[@user-ex3uj5zn1i]

@@ajmc7461 Exactly. Don't hate the player, hate the game. No one forced these funds to invest with Tiger global... He provided a service at a specific fee structure and the clients agreed. No other way to slice it.

[@ApocalypseBeatzz]

Do they do hits on guys like this when the money is lost?

[@ajmc7461]

@@ApocalypseBeatzz No, at this point he is simply to high flying. Also anyone with over a billion has personal security or is a moron.

[@thusspokezarathustra1847]

Lmao it's the Hedge Funds who have all the hitmans.