A slot previously held by a certain Home Depot founder who’d better step his shit up next time he’s on CNBC. Read more »
Julian Robertson Likes Mitt Romney So Much He’s Considering Letting The Governor Take Over The Number 1 Spot On Speed DialBy Bess Levin
As you may have heard, over the weekend, Denmark introduced a tax on fat. The measure is aimed at “increasing the average life expectancy of Danes” but obviously it’ll make the country a little extra coin, too. Great for them, not so great for hedge fund manager Julian Robertson, who had to sit at home steaming over the fact that his idea had been stolen. For those who supposedly don’t remember what we’re talking about, perhaps this quote will jog your memory?
“I would love to be the Obesity Czar.” Read more »
No? Then don’t skip to 9:30 of this clip, where he slips it in that in “1978 or ’79″ he and his wife took a trip down under and “came back with another child we hadn’t hadn’t expected to have made in New Zealand.”
“New York City” dayA few former employees are learning that it’s a bad idea to poke a Tiger cub. That applies ten-fold to the leader of the pack, the inimitable Julian Robertson.
The Tiger Management founder had a tough 2000. The then-68-year-old shuttered his legendary hedge fund because he didn’t understand those newfangled gadgets that everyone on the Street was going so crazy for. Then, the New York State Dept. of Taxation and Finance slapped him with a huge freakin’ tax bill, saying he’d spent more than half of the year living in the Big Apple.
Not so, J-Rob countered: He only spent exactly 183 days in the city that year. And he launched an all-out war to prove it. Robertson and his staff spent a ridiculously extraordinary amount of time trying to account for the big guy’s every step nine years ago. In the end, it came down to just four days, including, ironically, tax day, April 15.