Chapter
The Origin Story of Tiger Management
20:43 - 27:42 (06:58)
The origin story of Tiger Management involves its founder, Julian Robertson Jr., calling everyone "tiger" and naming the company after this nickname. The company later faced a major scandal due to a $5 billion book of business with 60,000 derivative contracts and over a trillion dollars of notional exposure, similar to the long-term capital management fiasco of 1997.
Clips
Julian Robertson, founder of Tiger Management, made a name for himself by making concentrated bets in Chinese internet companies and media companies like Viacom and Discovery.
20:43 - 22:59 (02:15)
Summary
Julian Robertson, founder of Tiger Management, made a name for himself by making concentrated bets in Chinese internet companies and media companies like Viacom and Discovery.
ChapterThe Origin Story of Tiger Management
EpisodeE28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The benefits of equity swaps, a type of synthetic position, are explained as a simple and efficient way to bet on a stock's appreciation relative to an index without actually buying the stock.
22:59 - 25:01 (02:02)
Summary
The benefits of equity swaps, a type of synthetic position, are explained as a simple and efficient way to bet on a stock's appreciation relative to an index without actually buying the stock.
ChapterThe Origin Story of Tiger Management
EpisodeE28: Current state of public & private markets, Archegos debacle, US debt issues, wealth tax & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
JP Morgan, Nomura, and other banks may lose billions of dollars due to the Archegos Capital Management fiasco, with similarities to the Long-Term Capital Management crisis of 1997.
25:01 - 27:42 (02:41)
Summary
JP Morgan, Nomura, and other banks may lose billions of dollars due to the Archegos Capital Management fiasco, with similarities to the Long-Term Capital Management crisis of 1997. Companies engaging in risky derivative contracts with insufficient cash coverage could lead to severe losses.