v3 Chapter 670: No one knows the treasure knife (2/2)
Julian Robertson started his own legendary road. He first accurately predicted that after the fall of the Berlin Wall, the German stock market would enter a bull market, and he was going to be long German stocks.
At the same time, short-selling the equity stock market, where the bubble reached its peak, sucked the blood of small island nations.
Then he foresaw the disaster of the global bond market in 1992, and successfully attacked the British pound and the lira in 1993 with the Quantum Fund, which created huge profits and made an international reputation.
By 1996, the size of the Tiger Fund had reached US$71, and by the summer of 1998, its total assets had reached a peak of US$23 billion, making it once the largest hedge fund in the United States.
The past impressive record has made the Tiger Fund’s every move and every move attracted the attention of countless peers. Every time the Tiger Fund is launched, there are countless international hot funds that follow the trend. In addition, the Tiger Fund can also use financial leverage, which makes the Tiger Fund can affect hundreds of billions. U.S. dollar working capital.
The deterrence of Tiger Fund can be called the level of financial peace messenger!
The initial investors also received 2,600 times the report. After excluding all costs, the investor's annual return rate was as high as 31.7%.
Unfortunately, in the second half of 1998, the elderly Julian Robertson, like Buffett, kept away from technology stocks and Internet stocks. This led to some kind of investment mistakes and began to decline, which caused investor dissatisfaction and large-scale funding. At that time, the entire hedge fund industry also shrank significantly. Various reasons eventually forced Julian Robertson to end the business of many of his major funds.
But even so, he is still a multi-billion dollar financial magnate in later generations.
It can be said that today's Julian Robertson is completely a tiger cub about to be released.
In Xia Yu's view, the ten years dormant in the previous life due to funding reasons completely wasted his ability and talent.
Even so, he can still become an elite of the era at the same level as George Soros, and the two are definitely Wall Street figures.
And George Soros has already invested in the Roshill family ~ and the Quantum Fund has grown to a certain scale, it is completely impossible for him to earn under his command.
However, Julian Robertson has never made his mark, so he can be used as a feather and let him open up territory for himself.
People like Wang Qi, Liu Tianci, George Berkeley, Jason Gregg and others under Xia Yu’s current life were either buried or died. Even if they grow up, they can’t match the top-notch ones like Julian Robertson. Elite.
I believe that with his financial support, Julian Robertson will definitely take off, and Xia Yu will insert a solid and powerful pillar in the United States.
Such a sharp knife is not easy to find. The Rohill family has only collected three or five people, including George Soros, for decades. Now Xia Yu has encountered one, of course he does not want to miss it.
His Jiuding Consortium desperately needs such top elites!
Xia Yu has the memory of Julian Robertson and knows a lot about him.
With Julian Robertson under his command, the success rate is still very high, it depends on how Xia Yu operates.
The first thing to do is to use what he likes and to convince him with his ability and knowledge in what he is best at.
And in this world, there are very few people who can defeat themselves, let alone defeat the complete self?
It's interesting to think about the investment philosophy that Julian Robertson summarized and formed in his later years to target him in his middle age.
Thinking of this, Xia Yu listened quietly, and after finding an entry point, he acted immediately to take the conversation.
”Mr. Julian, international crude oil prices have skyrocketed, and now the United States is experiencing severe inflation. The Federal Reserve is passing on pressure to accelerate the interest rate cut cycle. The depreciation of the dollar will continue for a long time...”
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