Video-game fund Saiga Capital is an unlikely winner in the pandemic - Business Insider

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A hedge fund that specializes in the video game industry is up 25% this year — and walks us through how it picks winners

Reuters/Axel SchmidtSaiga Capital, a young hedge fund with less than $10 million, has been one of the unlikely winners so far in the coronavirus pandemic — the video-game-focused manager is up nearly 25% through May.

"As far as we know, there's not another fund that does what we do," said Oh, the founder of the fund.Every month, Brian Oh tries out new video games — at least 10 on his phone and another four on a console like an Xbox or a Playstation. The difference between him and the millions of video-game-obsessed people across the world is he is doing it for work.

His expertise is paying off — Saiga has been one of the winners in the coronavirus pandemic, losing only 0.3% in March when markets crashed and making money every other month. As of the end of May, the fund is up 24.4% after making 35.7% last year.

 

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I’m up over 60% so fuk them

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