Robertson was born in 1932 in North Carolina. He briefly served in the US Navy before joining investment bank Kidder, Peabody & Co, where he rose to head the asset management division. He started Tiger Management, a hedge fund, in 1980. He closed the fund 20 years later and currently manages his own money, including providing seed capital for many successful hedge funds (collectively dubbed the "Tiger Cubs").
What is his strategy?
Did this work?
This led to investors pulling their money out and by the time he closed the fund, assets under management had shrunk to $6bn. Some investors who put their money with him in the mid-1990s would lose money overall, but those who started out at the beginning would have made an annual return of 25%.
What were his biggest successes?
What lessons are there for investors?
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