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...
"Short selling requires even more rigor than going long. Shorts can run against you indefinitely. Always have a thesis, a catalyst, and strict risk management."
Short selling demands even more rigorous research than longs.
Read Full Analysis →"Have clear, pre-defined sell criteria. Sell when: your thesis is broken, valuation is fully realized, or a significantly better opportunity appears."
Follow pre-defined sell criteria without emotion.
Read Full Analysis →"Regularly review whether your original reasons for owning a stock still hold. If the facts change, change your mind. Holding a broken thesis is the costliest mistake."
Regularly challenge your original investment thesis.
Read Full Analysis →Julian Robertson has 3 key principles on selling & review. The most important one is "Short Selling Discipline" — Short selling requires even more rigor than going long.
Julian Robertson applies selling & review through several key principles including "Short Selling Discipline" and "Sell Discipline Rules". These principles guide practical investment decisions and have been tested across decades of market cycles.
Julian Robertson's approach to selling & review 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.
