Wall Street’s Shining Star Chopra Hits A Temporary Speed Bump

One of the shining female stars of Wall Street is carefully watching her hedge fund’s exposure to healthcare after experiencing the worst quarterly performance in the fund's history. With the Tiger Ratan hedge fund down a whopping 20.9 percent in September, according to a letter to investors reviewed by ValueWalk, the fund founded by Nehal Chopra is repositioning for the future. While the healthcare bet didn’t work out as planned, Chopra’s short exposure to Walmart did benefit the portfolio, which was down 3.8 percent year to date as of the end of September. The negative performance is rare for Chopra, who was up 22.3 percent, 46.8 percent and 26.3 percent in the previous three years respectively and...