Tiger Global Management’s Top 1st-Quarter Updates

Tiger Global Management recently disclosed its portfolio updates for the first quarter of 2020, which ended on March 31.

Tiger Global Management was founded in 2001 by Chase Coleman (Trades, Portfolio) after hedge fund legend Julian Robertson (Trades, Portfolio) gave him $25 million to start his own fund. The fund’s strategy is to deploy capital globally, focusing on big tech stocks as well as early and late stage venture, post-initial public offering, private equity and secondary market small caps. In January, the firm closed on a new $3.75 billion fund for investing in private technology, revealing continued investor enthusiasm for tech companies.

Using the above investing criteria, the firm established three new common stock holdings during the quarter, most notably Athene Holding Ltd (NYSE:ATH), and added to several other positions, including Workday Inc. (NASDAQ:WDAY) and Alibaba Group Holding Ltd. (NYSE:BABA). It also sold out

Read More

3 top options for affordable Chinese food in New York City

In search of a new favorite Chinese spot?

Hoodline crunched the numbers to find the best affordable Chinese restaurants around New York City, using both Yelp data and our own secret sauce to produce a ranked list of where to fill the bill.

1. Wah Fung No. 1

Topping the list is Wah Fung No. 1. Located along Sara D. Roosevelt Park at 79 Chrystie St. (between Hester and Grand streets), this hole-in-the wall, which specializes in roast pork and duck, has been called “the best cheap eat” in Chinatown, and with 4.5 stars out of 1,412 reviews on Yelp, it is the highest-rated low-priced Chinese restaurant in New York City.

Yelper Peter W., who reviewed Wah Fung No 1. on March 25, wrote, “I have tried numerous restaurants in the Chinatown area, but this is simply the best. The flavor and the price is why I am

Read More