Julian Robertson: A Tiger in the Land of Bulls and Bears will explore this legendary fund manager’s role in the development and popularity of hedge funds, examine his investment methodology and strategy, and look at the growth of his fund and his ‘Tigers’–individuals who have gone on to great success themselves. Julian Robertson is one of the most successful and well-known hedge fund managers of our time. For nearly twenty years his infamous fund–Tiger Management–was the talk of the town, routinely delivering double-digit performance.
Introduction:
THIS IS THE STORY OF HOW MONEY IS MANAGED AND HOW legends are made. This book is about one man’s ability to continually exploit market inefficiencies and extract huge profits from his work. It is about how, by employing and utilizing some of Wall Street’s best and brightest minds, he was able to continually beat the market and establish himself as one of the greatest money managers of all time. It is about how winning is not something but how it is everything. It is about how he sometimes pushed his employees to an extreme that caused them to deeply resent their boss.
It is about how he expressed his thanks for their tireless efforts with nothing more than a pat on the back—and a bucketful of money. It is the story of how one individual with incredible drive and a will to win at whatever cost built one of the most successful hedge funds and money management organizations of all time. It is also the story of an individual who has forever impacted the way money is managed around the globe but whose success came with a streak of envy that many believed eventually led to his downfall.
This is the story of a money manager who became an overnight sensation by leading the growth of an organization from a group of under 20 people managing just around $8 million in assets to an organization with more than 100 people managing more than $21 billion in assets. It is about how the organization went from being a small family business with a culture based around mutual success and enjoyment to an investment management corporation with a culture laced with infighting and greed. It is about the growing pains, the frustrations, and the cultural problems that the company experienced on its rise and its fall in the wake of the technology bubble that rocked the equity markets at the dawn of the millennium.
It is the story of Julian Robertson and Tiger Management. Julian Hart Robertson Jr. has been called everything from arrogant and mean to gruff and stubborn. He is considered by some to be extremely kind, and his southern charm is legendary. And while many of his contemporaries, former colleagues, and some his friends say nice things about him, one thing is quite clear: He is a complex man.
Contents:
- Making Money in Metals
- The Birth of a Tiger
- A Southerner on Wall Street
- The Tiger Finds New Hunting Grounds
- The Tiger Begins to Growl
- The Crash of 1987
- The Dawn of a New Era
- The Tiger Tangles with the Press
- The Peak and the Fall
- The Press Dissects the Tiger
- The Tiger Cubs
- Lessons Learned from the Tiger
- Noblesse Oblige
Julian Robertson: A Tiger in the Land of Bulls and Bears By Daniel A. Strachman pdf