Hedge Funds That Piled Into Tech Have Tanked

The video discusses the performance of hedge funds in the first quarter, highlighting significant sell-offs in tech stocks like Netflix and DoorDash. It also covers non-tech investment moves, such as Warren Buffett's exit from Wells Fargo. The challenges faced by equity-focused hedge funds are analyzed, contrasting with the success of macro and multi-strategy funds like Bridgewater and DE Shaw.

Which hedge fund completely liquidated its stake in Netflix during the first quarter?

• Melvin Capital

• Bridgewater Associates

• Tiger Global

• Viking Global

What significant move did Warren Buffett's Berkshire Hathaway make in the non-tech sector?

• Bought more Netflix shares

• Invested in DoorDash

• Exited Wells Fargo

• Increased stake in MasterCard

Which hedge fund's macro strategy saw a positive performance this year?

• Tiger Global

• Melvin Capital

• Bridgewater Associates

• Viking Global

How much did Tiger Global's fund decline by the end of April?

• 34%

• 16%

• 44%

• 50%

Which strategy did DE Shaw employ to achieve a 6% gain in the quarter?

• Macro strategy

• Multi-strategy

• Equity strategy

• Tech-focused strategy