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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

4:00 PM EST

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To: long-gone who wrote (52036)	4/28/2000 8:55:00 AM
From: long-gone	Read Replies (1) of 116762

Thursday April 27, 9:00 am Eastern Time Individual Investor Lessons From Julian Robertson's Folding Paper Tiger Managing Editor: Greg Bartalos (4/27/00) So, legendary hedge fund manager Julian Robertson is closing his crumbling funds. Before heading off to retirement, he was last heard blaming an ``irrational market'' for his recent underperformance. Instead of persevering or bowing out gracefully, Robertson, a self-styled value manager/opportunist chose to quit and blame the markets for his underperformance. However, what is irrational is Robertson's analysis of what went wrong. Here's why. Robertson earned his money manager maven status by deftly exploiting inefficiencies in the financial markets, buying low and selling high. Not an easy feat, given how few people consistently outperform the market over long periods of time. ... biz.yahoo.com

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