Unknown Hedge Fund Manager Earns a $2 Billion Pay Day

The video discusses the success of hedge fund manager Karthik Sarma, who made significant gains through a high conviction bet on Avis Budget Group. Despite being relatively unknown, Sarma's strategic investment has elevated his status in the hedge fund industry. The discussion highlights the importance of high conviction bets in achieving success in the competitive hedge fund landscape. Sarma's background, including his education at Princeton and previous work with a tiger cub, is also covered. The video concludes with insights into the hedge fund industry, noting the abundance of hidden talents and the challenges of standing out in a crowded market.

What was the key factor in the hedge fund manager's success with Avis Budget Group?

• Taking high conviction bets on a single stock

• Focusing on short-term gains

• Diversifying investments across multiple stocks

• Investing in real estate

Which university did Karthik Sarma attend?

• Princeton University

• Stanford University

• Harvard University

• Yale University

What role does Karthik Sarma hold at Avis?

• Board Member

• CFO

• Marketing Director

• CEO

How does the number of hedge funds compare to listed stocks in the US?

• The number of hedge funds and listed stocks is equal

• There are more hedge funds than listed stocks

• There are fewer hedge funds than listed stocks

• The number of hedge funds is unknown

What is the approximate size of Karthik Sarma's hedge fund?

• $1 billion

• $5 billion

• $8 billion

• $10 billion