May was a rough month for many of the Tiger crowd.
A number of Tiger Cubs, Seeds and Grandcubs posted losses that either put them into the red for the year or widened already sharp declines.
This is not too surprising since a big chunk of the Tiger crowd saw their large tech and internet bets penalized as investors bid up lower multiple value stocks and consumer-oriented issues, deemed to be beneficiaries of the economy’s reopening as more more people get vaccinated in the country.
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