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1998:
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A conversation about hedge funds with Julian Robertson
with Julian Robertson on Jul 17, 1998
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- 30 min
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with Julian Robertson on Jul 17, 1998
Julian Robertson Jr. founded the investment firm Tiger Management Corp. He is credited with turning $8 million in start-up capital in 1980 into over $22 billion in the late 1990s. In 1993, his compensation and share of Tiger’s mammoth gain reportedly exceeded $300 million. As of 2005, his net worth is estimated at $900 million.
The Tiger funds reached a peak of $22 billion in assets in 1998. When the Standard and Poor’s 500-stock index climbed 21 percent in 1999, the Tiger funds declined 19 percent. Robertson ultimately closed his investment company in March 2000 and liquidated its remaining $6 billion in investments.
Today, he is an active philanthropist and serves on a number of organization and university boards. He is the founder and benefactor of the Robertson Scholars Program which awards a merit scholarship that provides 4-year full-tuition and travel funding for 36 Duke and University of North Carolina students each year.
Source - Wikipedia http://en.wikipedia.org/wiki/Julian_Robertson
