Thursday, August 4, 2022

Investor letter: Tiger Global's long-only fund ended Q2 down 63.6% and its flagship fund dropped 50% in H1, after it "underestimated the impact" of inflation (Antoine Gara/Financial Times)

Antoine Gara / Financial Times:
Investor letter: Tiger Global's long-only fund ended Q2 down 63.6% and its flagship fund dropped 50% in H1, after it “underestimated the impact” of inflation  —  Chase Coleman's group sustains steep losses and admits it ‘underestimated’ effect of rising prices



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Bill Gates warns about the catastrophic risk posed by "people with ill intent using the latest AI tools", which are powerful enough to "cause a billion deaths" (Herb Scribner/Axios)

Herb Scribner / Axios : Bill Gates warns about the catastrophic risk posed by “people with ill intent using the latest AI tools”, which a...