Once a month, a group of 12 people meets in a discreet townhouse in New York's Upper East Side. They are part of Tiger 21 (acronym for The Investment Group for Enhanced Returns in the 21st Century), whose 104 members all have at least $10m in assets.
The idea of Tiger 21 is to "provide a peer-to-peer education for high net worth individuals". Its membership is drawn from wealthy entrepreneurs and top executives, who have sold their businesses or exited their careers. Split into smaller groups, their monthly meetings, which last a day, include an agenda with such points as a "dissection" of one member's portfolio. Each in turn must open up his or her books for a rigorous peer review.
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