The Viking cub: Grant Wonders took Viking by storm and became one of the most profitable analysts in history. Now, the 31-year-old is building Voyager Global into a juggernaut of his own.
. Trading at just $90 a share, the stock was down 20% for the year — and 32% off the $133-a-share high it had just hit in December — as concerns mounted over the strength of its content library, its cash burn, and its lackluster subscriber growth after a global expansion. Hedge funds were betting billions against it, making it one ofBut Wonders, an up-and-coming technology, media, and telecom analyst who cut his teeth at Blackstone, saw something others were missing.
In spring, after a short but lucrative run as a portfolio manager at Viking, the 31-year-old Wonders launched his own fund, Voyager Global, raising over $1 billion. He's picked up where he left off at Viking, returning nearly 14% through August, according to people familiar with the performance. Representatives for both Viking and Voyager declined to comment for this story. Wonders declined to comment.
In college, Wonders quickly gravitated toward investing, a natural outgrowth of that obsession. He wowed some of his classmates by earning a spot at the Charles River Growth Fund, a school investment club that manages student and alumni funds, as a freshman. Typically, only sophomore or junior applicants make the cut.
"His raw IQ is just crazy high, and he has this intellectual curiosity that is immediately apparent in talking to him," this person said. Despite the Wall Street stereotype, Wonders' self-confidence and intelligence don't manifest as cocky or aggressive behavior. And he isn't a flashy spender, either. He dresses plainly — for simplicity, he owns only one style of sock — doesn't have a car, and lives in the same one-bedroom Manhattan apartment he's had since he was a Viking analyst, sources told Insider.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Here's what led to Miami Police Chief Art Acevedo's suspension after 6 months on the jobThe tumultuous end to the tenure of Miami’s high-profile police chief has left many outside South Florida’s political circles wondering what happened after he
Baca lebih lajut »
IMF says global economy is losing momentumThe global economy is losing momentum, hamstrung by the pandemic. Meanwhile, rising inflation is giving governments and central banks less room to maneuver, the IMF says.
Baca lebih lajut »
IMF slashes US growth forecast and warns of rising risks to the global economyThe IMF slashes its US growth forecast as disruptions to supply chains and a resurgent Covid-19 pandemic slow economic momentum around the world
Baca lebih lajut »
N26: Challenger bank to hit $8 billion valuation after $800m roundThiel-backed challenger bank N26 is set to be valued at $8 billion with a new $800 million mega-round led by hedge fund Coatue
Baca lebih lajut »
Paul Simon Celebrates 80th Birthday By Announcing Audiobook -- Which Includes New MusicSongwriter collaborated on Miracle and Wonder with Malcolm Gladwell, which arrives next month
Baca lebih lajut »
The Kid LAROI & Justin Bieber's 'Stay' Holds Atop Global Charts, Elton John & Dua Lipa, TWICE Add Top 10s.thekidlaroi and justinbieber's 'Stay' tallies an unprecedented 10th week at No. 1 on the Billboard Global 200 and an eighth frame atop Global Excl. U.S.
Baca lebih lajut »