Julian Robertson was a famous hedge fund manager in the 1980s and 1990s.
Robertson used a long-short strategy designed to profit from the gap in performance between the best and worst stocks he chose.
Julian Robertson lived in New Zealand for a year.
He came up with the idea for Tiger Management during a year-long sabbatical.
Many of Robertson’s protégés who worked for him went on to become successful hedge fund managers.
The Katie Couric clause was a slang term used to describe a proposed Securities and Exchange Commission rule regarding disclosure of executive compensation and compensation of other elected employees.
Billionaire Warren Buffett (who lives and works in Omaha, Nebraska) is known as the Oracle of Omaha, a nickname he earned as one of the world’s most successful and watched investors.
Robber baron is a term often used in the 19th century during America’s Golden Age to describe successful industrialists whose business practices were often considered ruthless or unethical.
The 90/10 retirement investment strategy involves investing 90% of investment capital in low-cost S&P 500 index funds, and the remaining 10% in short-term government bonds.
The chi-square statistic (χ2) is a measure of the difference between the observed and expected frequencies of the outcomes of a set of events or variables.
The chief operating officer (COO) is the senior officer tasked with overseeing the day-to-day administrative and operational functions of the business.