Tiger dies in a split-personality jungle

The death of Tiger funds makes a mockery of what fund managers preach to clients.

Julian Robertson's decision to kill his Tiger funds makes a mockery of what fund managers preach to clients - that when the markets get wild, we should sit tight and keep our cool as long as we know our portfolios are built with sturdy stocks.

Robertson's determination to stick to his buying-the-best-stocks-and-shorting-the-worst philosophy no doubt deserves empathy. The tech stock whirlwind stripped his six funds' aggregated assets from $22 billion to just $6 billion in 18 months.

...

To continue reading, please login or register for free

Click for more on: tiger | dies | splitpersonality | jungle

Print Edition

FinanceAsia Print Edition

CONFERENCES