
Sleepy Stock Market
How $8.8M Became $22B Then Vanished - A 259,000% Gain -Gone - Julian Robertson
In May 1980, Julian Robertson started a hedge fund with $8.8 million borrowed from friends and family. Eighteen years later, it was worth $22 billion β a gain of over 259,000 percent, outpacing the S&P 500 by nineteen percentage points every single year. He had survived Black Monday, exposed a billion-dollar copper fraud, and built an army of disciples who would go on to manage hundreds of billions. Then, in the spring of 2000, he walked away β not because he was wrong, but because the market refused to admit he was right. Being right too early cost him everything. Part of the Sleepy Stock Market series β financial history told as documentary audio.SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.#JulianRobertson #TigerManagement #HedgeFund #WallStreetHistory #FinancialHistory #Investing #DotComBubble #ValueInvesting #StockMarket #TigerCubs CHAPTERS0:00 The Letter That Stopped Wall Street1:39 A Boy From the Carolina Piedmont6:11 Twenty-Two Years at Kidder Peabody10:59 Tiger Is Born18:17 The Psychology of Winning25:45 Black Monday and the Bounce Back31:52 The Copper King and the Wizard38:38 Twenty-Two Billion Dollars47:45 The Yen Squeeze and the Dot-Com Tide56:29 Right Too Early β The Final Reckoning






