market folly

This is an excellent video from over a decade ago (feels funny to say that... time flies). Today we present you with Charlie Rose's interview of hedge fund legend Julian Robertson of Tiger Management from back in 1998.

Embedded below is the video, so RSS & Email readers come to the blog to view it:




It's kind of funny to look back on his thoughts. We've essentially taken a time machine to a different market environment following Robertson's ascension as one of the most widely regarded hedge fund managers with his Tiger Management (profile & background here). It's even more intriguing when you compare his thoughts from the video above to a Bloomberg interview Robertson did this past October, over a decade later. Robertson's legacy has obviously lived on with the spawning of Tiger Cub hedge funds that emulate Robertson's success and build their own legend.

Nowadays, Julian seeds various hedge funds and has been investing for himself. We've highlighted Robertson's portfolio and in particular his bet on rising interest rates that he has recently tweaked to doing so via constant maturity swaps (CMS). Whether it be the past or present, two things remain the same: Julian Robertson's sharp investing prowess and that good ole southern twang.