With a net worth of about $1 billion, Robert Citrone is at the helm of Discovery Capital Management (DMC), a hedge fund with a portfolio value of nearly $1.7 billion. Before launching DCM, Citrone worked as a portfolio manager at Tiger Management and is known as a “Tiger Cub.” Citrone is a graduate of the […]

Can we create a simple and clean equity portfolio by separating alpha from beta?

Sun Microsystems co-founder Scott McNealy is hoping to find a buyer for his amenity-stuffed megamansion in Silicon Valley, now available for $53.9 million. The tech tycoon’s hilltop home in Portola Valley was initially offered in 2018 for almost $100 million through a company called REX Real Estate Exchange, of which McNealy is an investor, according…