Julian Robertson, R.I.P.

We are very sad to hear of the passing of the hedge fund great, Julian Robertson.  He was one helluva trader and an even better man. 

When I was working on the sell side, almost every visit to his office to meet with his portfolio managers, he would make it a point to stop in and say, “Hi, guys, how you doing?” 

Julian began his career on Wall Street at Kidder, Peabody as I did, and think he had a special affinity for us when we visited his office. 

JR also loved golf and helped develop many great courses, including Bandon Dunes on the southern coast  of Oregon and Cape Kidnappers in New Zealand. 

The view from his office was also stunning, which looked directly into the top of the Chrysler building.

 

Rest well, JR, we will all see you on the other side. The world is darker today, but your legacy shines even brighter. 

What I really liked about you?  This, 

In addition to his hedge-fund career, Robertson ran the Tiger Foundation to support low-income New Yorkers and their families. Since its inception in 1989, it has provided more than $250 million in grants to help schools, employment training programs and childhood education, according to its website. During his lifetime, he contributed more than $2 billion to charity.  – Bloomberg

You knew exactly where to store up your treasures. 

Treasures on earth are evanescent and corruptible, whereas treasures in heaven will never pass away or suffer corrosion. What one treasures matters, because “where your treasure is, there your heart will be also.” – Gospel of Matthew

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3 Responses to Julian Robertson, R.I.P.

  1. Andrew Szabo says:

    A great investor, who shorted Tech too early. Timing is everything.

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