It’s no secret that most descendants of Tiger Management Corp. founder Julian Robertson Jr. will thrive or die depending on whether the so-called TMT stocks (technology-media-telecommunications) continue to surge or slump.
As we pointed out earlier this month, in the first quarter of this year, a number of the so-called Tiger Cubs, Seeds and Grandcubs either trimmed or totally unloaded some of these high-flying stocks, but they still remain crowded in this group.