Discover the story and successful investing strategies of Julian Robertson, the renowned hedge fund manager and mastermind behind Tiger Management. Uncover insights into Robertson's unparalleled approach to finance, his profitable moves in the market, and how his investment style impacted the industry as a whole.
Julian Robertson Jr., born on June 25, 1932, is an American businessman and philanthropist. He was born and raised in Salisbury, North Carolina. He attended the University of North Carolina, where he earned a degree in Business Administration.
Robertson married Josie Kerr in 1953, and they have three children together. They have been happily married for over six decades, supporting each other through various personal and professional endeavors.
Julian Robertson is widely known for founding Tiger Management Corporation, one of the most successful hedge funds in history. He started the firm in 1980 with $8 million, and it grew spectacularly over the following decades, reaching a peak of $22 billion in assets under management.
Under his management, Tiger Management generated an average annual return of over 25% for its investors. However, after experiencing market turbulence during the late 1990s, Robertson decided to close the fund in 2000.
After closing Tiger Management, Robertson became actively involved in mentoring emerging hedge fund managers through his Tiger Seeds program. He invested in emerging managers and provided them with capital, guidance, and network support to help them succeed.
Julian Robertson is renowned as one of the most accomplished investors of all time. His success stems from his ability to identify undervalued stocks and hold them for the long term. This investment philosophy was known as the Tiger Cub Approach.
Over the course of his career, Robertson generated annual returns averaging 31.7% before fees. His ability to navigate various market cycles consistently rewarded his investors and positioned him as an iconic figure in the hedge fund industry.
Robertson's success enabled him to accumulate significant wealth. However, he transitioned his focus towards philanthropy after closing Tiger Management. He established the Robertson Foundation, which primarily supports education, medical research, and environmental causes.
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