List of Tiger Cubs (finance) Focused on Long-Term Success

If you're looking for Tiger Cubs that prioritize long-term success, you'll want to consider those with a history of steady growth and a focus on fundamentals. Tiger Cub is an investment strategy that involves following the trades of top hedge fund managers.

Tiger Cubs like Jeff Yass and Tom Davis have built their success on a foundation of research and patience. They've shown that with a long-term perspective, even the most turbulent markets can be navigated with ease.

For example, Davis's Diamond Hill Capital has consistently outperformed the S&P 500 over the past decade, with a compound annual growth rate of over 15%.

Tiger Management's investment strategy was initially designed to profit from correctly picking undervalued and overvalued stocks.

The firm's core strategy was to find mispriced stocks and take long positions in undervalued stocks while short-selling overvalued stocks.

However, as the firm's assets under management grew, the number of opportunities soon diminished, making it harder to execute this strategy.

Julian Robertson publicly acknowledged that his past strategy was no longer as effective around 1999.

The firm began trading more frequently, betting on commodities, and investing in themes based on the global economy and political developments, an investing strategy often called "global macro."

This shift in strategy was partly due to the firm's size, with Robertson stating, "The mistake that we made was that we got too big."

Tiger's leadership and legacy are a testament to Robertson's forward thinking. He recognized the tech sector's unsustainable valuations and closed Tiger in 2000.

Robertson's decision was vindicated when Microsoft's stock price dropped 15% after being found guilty of monopolistic behavior, marking the start of the dot-com crash.

He ensured the most talented team members received seed capital to open their own funds, creating a network of influential hedge funds.

This approach, known as "Tiger seeds", allowed Robertson to spread his influence and create a lasting legacy.

Many of the most successful hedge funds of the last twenty years, including Viking and Coatue, can trace their roots back to Tiger and Robertson.

Not all of Robertson's protégés have been successful, but they have had a significant impact on the financial world.

Tiger Global Management and Chase Coleman III have been particularly influential, with Tiger Global Management being one of the most successful Tiger cubs.