Saturday, October 22, 2005

Julian Robertson

Julian Robertson : A Tiger in the Land of Bulls and Bears--Click To Buy
Julian Robertson

Born: 1933,born in Salisbury, NC.

Most Famous For:A titan of hedge fund investing, his funds today require a minimum investment of $5 million per person. He turned $8 million in 1980 into over $8 billion in the late 1990s.

Quote:"Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them. If the 200 best don't do better than the 200 worst, you probably should get in another business."

Robertson founded the investment firm Tiger Management Corp. He is credited with turning $8 million in start-up capital in 1980 into over $8 billion in the late 1990s.

In 1993, his compensation and share of Tiger's mammoth gain reportedly exceeded $300 million. His current (2003) estimated net worth is over $400 million.

Because of the "irrational" technology stock craze, Robertson suffered large losses in the early 2000s. This ultimately led him to close his investment company and liquidate its $6 billion in investments - investments which had once reached a high of $26 billion.

Book: No Bull : Julian Robertson : A Tiger in the Land of Bulls and Bears.Click Below to Buy.

Julian Robertson : A Tiger in the Land of Bulls and Bears--Click To Buy
Julian Robertson

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