Julian Hart Robertson Jr. (June 25, 1932 – August 23, 2022) was an American billionaire hedge fund manager. He founded Tiger Management Corp. in 1980, which became one of the largest and most successful hedge funds in the world, managing over $22 billion at its peak. Robertson is considered one of the pioneers of the hedge fund industry and is...
"Focus on risk-adjusted returns, not absolute returns. Taking excessive risk for marginally higher returns is not good investing. Protect the downside and the upside will take care of itself."
Risk-adjusted returns matter more than absolute performance.
Read Full Analysis →"Before considering how much you can make, consider how much you can lose. Risk management is not about avoiding risk entirely, but about understanding and controlling it."
Consider the downside before the upside.
Read Full Analysis →"The size of your position should reflect your conviction and the risk involved. Never bet so large that a single mistake can wipe out your portfolio."
Size positions based on conviction and risk.
Read Full Analysis →Julian Robertson has 3 key principles on risk management. The most important one is "Risk-Adjusted Returns" — Focus on risk-adjusted returns, not absolute returns.
Julian Robertson applies risk management through several key principles including "Risk-Adjusted Returns" and "Risk-First Approach". These principles guide practical investment decisions and have been tested across decades of market cycles.
Julian Robertson's approach to risk management is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Julian Robertson provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.
