Tiger, Tiger, Burning Bright

Tiger, Tiger, Burning Bright: "A decade ago legendary hedge fund manager Julian Robertson Jr. decided to close the doors of Tiger Management Corp. to outside money after its assets had shrunk 70 percent from a high of $22�billion in 1998. The longtime value investor hadn’t been wrong, he had just been early, betting against the huge run-up in tech and telecom stocks. Still, Robertson’s investment record at Tiger is dazzling; he compounded net annualized returns of 25 percent from 1980 to 2000. But even more impressive is the legacy of investors Robertson has mentored — the fabled “cubs” — who worked as analysts at Tiger or were later seeded by him."