Billionaire Julian Robertson Is Getting Cautious

By Insider Monkey: Robertson is a hedge fund legend. Even though he stopped managing money for his clients more than 10 years ago, Robertson is widely followed by investors all over the world. Robertson’s Tiger Management has produced numerous star investors such as Chase Coleman, Lee Ainslie, Stephen Mandel and John Griffin.

By Insider Monkey: Steven Cohen founded SAC Capital in 1992. SAC is a diversified hedge fund that uses both fundamental and quantitative analysis based approaches. Cohen is one of Wall Street's legendary traders and a billionaire.

By Insider Monkey: By Guan Wang

By Insider Monkey: Julian Robertson is a hedge fund legend. He stopped managing money for his clients more than 10 years ago, but he is still widely followed in the media, and his comments attract a lot of attention. His stellar track record is to his credit. Julian Robertson returned 31.7% per year after fees between 1980 and 1998, beating S&P 500's 12.7% annual return by a huge margin. He performed terribly in 1999 and 2000, and his overall return went down to 26%.

By Insider Monkey: The hedge fund legend, Julian Robertson, once employed and mentored many analysts and managers at Tiger Management. Many of these professionals left Tiger Management later and started their own hedge funds. Some of these funds, known as “Tiger cubs”, became the best-known hedge fund firms in the world. Stephen Mandel is one of these successful hedge fund managers. He worked for Robertson before launching Lone Pine Capital in 1997.

By Insider Monkey: By Guan Wang

By Insider Monkey: Many hedge funds suffered from the stock crash this summer. John Paulson, Bill Ackman, and Lee Ainslie are among these hedge fund managers. But Chase Coleman’s Tiger Global Management was up about 30% in the same period. The 36-year old young man was seeded by the legendary investor Julian Robertson and is one of the most successful tiger cubs.

By Insider Monkey: Charles Payson Coleman III, "Chase," is a Tiger Cub who got his bearings at Julian Robertson's Tiger Management. At 36, he is one of the younger billionaire hedge fund managers and runs Tiger Global, a long/short equity fund with ~$6 billion in AUM, which is co-managed by Feroz Dewan. Coleman's fund was seeded with $25 million from Robertson in 2000.