Wednesday, October 21, 2009

Julian Robertson interview at

Tiger Management founder and hedge fund legend, Julian Robertson sits down for an interview with's "View from the Top".

On tap for this discussion: Robertson's views on US debt and our reliance on foreign creditors (especially China), lessons from the tech bubble, risk control and avoiding "the big loss", the future of the hedge fund industry, and even his outlook on gold and gold mining shares.

Speaking of the precious metal and its allure to savers and investors, Julian says, "I don't believe in gold". Despite being bullish on the outlook for gold mining shares, Robertson dismisses gold as a worthwhile inflation hedge.

Interestingly, he comments that gold is a "psychological store of value" and that a psychiatrist would be better suited to understanding its appeal. I say interesting, because this is exactly the topic Dr. Phil Pearlman (trader and psychologist) took on in a recent episode of "Market Shrinkology" on This is a very worthwhile discussion in itself, and it provides an excellent contrast to some of Julian Robertson's views on gold.

Enjoy the interview, and be sure to check out the related links below for more on Robertson's views and investment strategies.

Related articles and posts:

Julian Robertson: CNBC interview - Finance Trends.

Replicating Julian Robertson's CMS trade - Marketfolly..