Julian Robertson: A Tiger in the Land of Bulls and Bears FROM THE PUBLISHER
Take one look at Julian Robertson and you'll quickly see that he's a man who aims to be the best at whatever he does. Robertson's skills at finding opportunities to exploit in the canyons of lower Manhattan and in markets around the globe are legendary. The numbers speak for themselves: Tiger Management grew from $8.8 million under his management in 1980 to more than $21 billion in 2000. Written by hedge fund expert Daniel Strachman, Julian Robertson: A Tiger in the Land of Bulls and Bears is the first in-depth look at one of the most successful and well-known hedge fund managers of our time. Following Robertson from his days as a Salisbury, North Carolina, youth to his domination of Wall Street, this engaging book traces his inspired climb to the top, and his often controversial tenure at the helm of one of the most successful hedge fund organizations in the world.
In the pages of this book, you'll learn about Robertson's ability to find and execute trades in the equity, fixed-income, and commodities markets. You'll see how he was able to stay the course in the copper market during an incredibly volatile time in the market and reap huge rewards from his trades. Robertson believes there's no place for second best and is willing to do whatever it takes to win. At Tiger, winning wasn't everything -- it was the only thing. Filled with candid interviews with Robertson, his colleagues, and his peers, Julian Robertson: A Tiger in the Land of Bulls and Bears uncovers both the personal world of Julian Robertson and the trading strategies and investment style that have made him a legend in his own time. You'll be there to watch how Robertson's determination, financial skills, and vision allowed him to get Tiger Management up, running, and into the game. But you'll also be there as missteps and market malaise led Robertson to shut the fund complex down in 2000.
While exploring this legendary fund manager's role in the development and popularity of hedge funds, you'll also learn how the culture at Tiger Management bred other successful fund managers known as Cubs, who will continue to impact the way money is managed for many years to come. Today, the Tiger Cubs are believed to manage more than ten percent of all assets allocated to hedge funds around the world. There is no other manager whose tentacles reach as far and wide into the money management world. Julian Robertson is one of the greatest traders and money managers of the century, as well as one of Wall Street's greatest teachers and inspirers. Filled with revealing anecdotes and economic insights, Julian Robertson: A Tiger in the Land of Bulls and Bears is not only the story of Julian Robertson and Tiger Management -- it's also the story of how legends are made.
SYNOPSIS
PRAISE FOR Julian Robertson
"Julian Robertson may be the most important person to ever manage money. Daniel Strachman has captured Robertsons impact on the money management industry in this excellent and insightful book. It is an essential read for anyone interested in the way money is truly managed." Michael Cacace Fortune magazine
"Daniel Strachman has written an important book about one of the most fascinating people to run a hedge fund. The book reveals how Julian Robertson built the Tiger organization from a single fund with $8 million in assets under management to a fund complex with more than $20 billion in assets under management. Throughout its pages, the book gives readers real insight into this unique man and his business and how the hedge fund industry has evolved over the last fifty years." Jack Gaine, President Managed Funds Association
"This is a portrait of one of Americas most diligent and successful money managersone who had the foresight and courage to walk away when the investment marketplace began to go crazy. Read it. " Christopher L. Davis Executive Director, The Money Management Institute
"While many of Julian Hart Robertson Jr.s contemporaries call him everything from arrogant and mean to gruff and stubborn, they all seem to look at his money management skills with awe and admiration. He is considered by friends and foes alike to be one of the most important money managers of all time. Robertson and his Tigers have forever changed the way money is managed and the way hedge funds are used by investors around the world." From the Introduction
Take one look at Julian Robertson and youll quickly see that hes a man who aims to be the best at whatever he does. Robertsons skills at finding opportunities to exploit in the canyons of lower Manhattan and in markets around the globe are legendary. The numbers speak for themselves: Tiger Management grew from $8.8 million under his management in 1980 to more than $21 billion in 2000.
Written by hedge fund expert Daniel Strachman, Julian Robertson: A Tiger in the Land of Bulls and Bears is the first in-depth look at one of the most successful and well-known hedge fund managers of our time. Following Robertson from his days as a Salisbury, North Carolina, youth to his domination of Wall Street, this engaging book traces his inspired climb to the top, and his often controversial tenure at the helm of one of the most successful hedge fund organizations in the world.
In the pages of this book, youll learn about Robertsons ability to find and execute trades in the equity, fixed-income, and commodities markets. Youll see how he was able to stay the course in the copper market during an incredibly volatile time in the market and reap huge rewards from his trades. Robertson believes theres no place for second best and is willing to do whatever it takes to win. At Tiger, winning wasnt everythingit was the only thing.
Filled with candid interviews with Robertson, his colleagues, and his peers, Julian Robertson: A Tiger in the Land of Bulls and Bears uncovers both the personal world of Julian Robertson and the trading strategies and investment style that have made him a legend in his own time. Youll be there to watch how Robertsons determination, financial skills, and vision allowed him to get Tiger Management up, running, and into the game. But youll also be there as missteps and market malaise led Robertson to shut the fund complex down in 2000.
While exploring this legendary fund managers role in the development and popularity of hedge funds, youll also learn how the culture at Tiger Management bred other successful fund managers known as Cubs, who will continue to impact the way money is managed for many years to come. Today, the Tiger Cubs are believed to manage more than ten percent of all assets allocated to hedge funds around the world. There is no other manager whose tentacles reach as far and wide into the money management world.
Julian Robertson is one of the greatest traders and money managers of the century, as well as one of Wall Streets greatest teachers and inspirers. Filled with revealing anecdotes and economic insights, Julian Robertson: A Tiger in the Land of Bulls and Bears is not only the story of Julian Robertson and Tiger Managementits also the story of how legends are made.