Filed under: Mutual funds, Personal finance

It’s been a tough slog for professionals and individual investors during 2007 and the start of 2008. Those who did well either

• took a big swing on commodities,
• owned and sold tech into the 4th quarter,
• prayed hard and were answered, or
• were so-called Tiger Cubs.

Bloomberg reports on the 2007 returns of the Tiger Cubs, named because they all trained/worked under famed hedge fund guru, Julian Robertson of Tiger Asset Management.

When fellow BloggingStocks blogger Aaron “Buy Everything” Katsman and I recently looked into Robertson’s portfolio over the years, it appears that he takes a very concentrated approach to investing. He picks a limited number of names he believes in and holds steady. The bulk of his holdings return average market returns, a couple are down big, but a couple see incredible outsized gains. Its these few holdings that Robertson lets run that contribute significantly to his success as a manager.

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This entry was posted on Monday, January 14th, 2008 at 2:14 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.