Tiger! Tiger! burning bright

Brad De Long delong at econ.Berkeley.EDU
Thu Oct 8 09:24:09 PDT 1998



>Re yesterday's panicky selloff of the dollar against the yen: I see
>that Julian Robertson's (reputedly troubled) Tiger Management fund got
>caught in a squeeze here. Anyone want to hazard a guess as to whether
>Tiger will be the next hedge fund to, ah, lose its "symmetry"?
>
>Carl Remick

They lost what, 10 to 20% of their capital yesterday?

I thought that they were still up for the year going into yesterday--and that their portfolio was liquid. So I think that Tiger is still in good shape...

Brad DeLong

Professor J. Bradford De Long Department of Economics, #3880 University of California at Berkeley Berkeley, CA 94720-3880 (510) 643-4027; (925) 283-2709 voice (510) 642-6615; (925) 283-3897 fax http://econ161.berkeley.edu/



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