He died at the age of 90!

The founder of Tiger Management passed away. The legend of his life is as follows.

1. The founder of Tiger Fund passed away. According to Robertson’s spokeswoman, Frazier, Robertson died of a heart attack at his home in New York. According to data, Robertson’s total wealth amounted to 4.8 billion.

2. Founded Tiger Fund Robertson was the CEO of Webster Corporation. After leaving in 1978, he started his own business.

Robertson and his friends invested US$8 million in 1980 to establish Tiger Fund. By the late 1990s, the company's management scale had reached US$22 billion, and the average annual return during this period reached 32.

%.

After several years of high returns, Tiger Management suffered losses on some of its investments in the second half of 1998.

In 1998, after the Japanese yen depreciated sharply against the U.S. dollar, he began shorting the Japanese yen.

This round of Japanese yen speculation caused Tiger Fund to lose nearly US$5 billion and also caused many investors to withdraw from Tiger Fund.

In 1999, American Airlines' stock price continued to decline, and Tiger Fund suffered another blow.

At the end of March 2000, when Tiger Management's total assets dropped from $22 billion to $6.5 billion, he was forced to close all operations of six hedge funds and return all external funds to investors.

In addition, Robertson once predicted that German stocks would have a bull market after the fall of the Berlin Wall, and foresaw the disaster of the world bond market. Up to now, about 50% of his funds have been invested in technology stocks, including JD.com and Microsoft.

, Facebook, Amazon, etc.

3. Cultivated many "little tigers". Today, many of the "little tigers" he cultivated are now leaders in the hedge fund industry on Wall Street. They run many top hedge funds.

Robertson's influence on his disciples was immense, with many adopting a similar investing style.