Tiger Global on 2020 themes: Big tech is the one to watch (letter)

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Michelle deBoer-Jones
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Tiger Global had a strong year in 2019 with a gross return of 41.3% and a net return of 32.7% for the onshore fund. Tiger Global Long Opportunities enjoyed a 37.3% gross gain and a 30.1% net gain for the year. Going into this year, the fund’s management says they’re looking at everything according to the way technology will impact things. A changing media landscape For example, in their fourth-quarter letter to investors, which was reviewed by ValueWalk, they noted that media viewing habits have changed dramatically over the last five years. In 2015, many people still had cable, and…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.