|
|
|
|
|
Julian RobertsonJulian Robertson (1933-) born in Salisbury, NC. He's the founder of Tiger Management Corp. He turned $8 million 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. The Daniel A. Strachman book Julian Robertson : A Tiger in the Land of Bulls and Bears talks about a copper trade he started planning in the second half of 1994. The price reached a high of $1.25 per pound in July of 1995. Then word came out that the Sumitomo Corporation was under investigation for fraudalent efforts to drive the price higher. The price started to fall and reached a final low in 1999 and 2001 of about $0.50. Robertson made money shorting the copper futures. External links Books Robertson, Julian
|
 |
|
| Copyright 2005-2009 OnPedia.com. All Rights Reserved |
|
|