Soros bought the dip

[Xerxes]

Soros Bought Up Stocks Linked to Bill Hwang’s Archegos Implosion - Bloomberg

[ValueArb]

Quote

Hwang occasionally compared himself to Warren Buffett, Becker testifies. He also sometimes compared himself to fellow “Tiger Cubs,” fund managers who also worked under Julian Robertson at Tiger Management. 

 

Becker is discussing a presentation he once prepared for Hwang comparing Archegos’ performance to other firms’, including Buffett’s Berkshire Hathaway.

 

Hwang “expressed disappointment that he just barely beat Warren in terms of performance,” Becker recalls.

 

 

I don't know what Hwang's results were but I'm going to go out on a limb and guess that the comparison was done against Buffett's most recent results, not his 35% annualized first 30 years. And the comparison was certainly not done on a risk adjusted basis.