Tiger Global Rebounds in Q1 After Humbling 2022

The transcript discusses the financial challenges faced by a firm that started 2023 with half the funds compared to 2021, having lost 56% in hedge funds the previous year. It highlights their recovery efforts, including a 7% gain in the first quarter, and compares it to past recoveries in 2008 and 2016. The transcript also covers Chase Coleman's optimistic view on tech investments, particularly in big tech and companies like Amazon using new technologies such as ChatGPT.

What was the percentage loss in hedge funds for the company last year?

• 100%

• 26%

• 56%

• 7%

How long did it take the company to recover from a 26% loss in 2008?

• Three years

• One year

• Two years

• Four years

In which year did the company experience a downturn similar to 2008, but recovered in just one year?

• 2022

• 2020

• 2016

• 2018

What is Chase Coleman's view on the current state of the tech industry?

• He is bullish on big tech opportunities.

• He believes tech is in a permanent recession.

• He suggests avoiding tech stocks.

• He is pessimistic about tech investments.

Which technology does Chase Coleman mention as being incorporated by companies like Amazon?

• Blockchain

• ChatGPT

• Virtual Reality

• 5G