Friday, December 4, 2015

Tiger Legend Julian Robertson and his famous Tiger Cubs

Julian Robertson is legendary in many ways, investing, mentoring. Mark Yusko, founder & CIO of Morgan Creek Capital Management; wrote "Julian’s investment acumen was so highly regarded, he became known as the 'Wizard of Wall Street,' hence the Wizard of Oz reference in the title of the letter." in his Q1 2015 Market Review & Outlook, a worth read for investors and traders.
"Today, there are close to 100 hedge funds around the world with Tiger DNA", counted by Mark Yusko. 40+ of these tiger cubs and tiger seeds are tracked by hedgeMind for their stock picks and trading activities.
Many Julian Robertson's tiger cubs are billionaire hedge fund managers: Andreas Halvorsen, Stephen Mandel, Chase Coleman, Philippe Laffont, Robert Citrone, Lee Ainslie. They together manage hundreds of billions and produce impressive returns.
The best way to follow them is to learn about their investment style, stock picks, and portfolio management. Like big tiger Julian Robertson, like tiger cubs, they invest in growth stocks, holding less than 40 stocks no matter how big portfolios, placing 50% or more weight in only top 10 stocks, concentrated bets.
Julian Robertson's portfolio is a typical tiger hedgies portfolios (see infographic).


By analyzing his portfolio composition, quarterly stock buys and sales, one can gain great insights from his stock picks, sector allocations, position sizing as well as overall portfolio management. Each new stock buy of his is worth us to pay attention since he has many top talented stock analysts who help him to find the next big FB or AAPL. Why not leverage their hard and better work to build an winning edge?

No comments:

Post a Comment