Tiger’s Robertson Roars Again

Robertson earned a 77% return in ’07, and over 400% total returns since shutting down his firm in ’00. Highlights from the Fortune article:

“Together, before fees, the 34 funds in which Robertson has an ownership stake averaged a return of 34% in 2007. By contrast, the S&P 500 had a total return (including dividends) of 5.5% in 2007 and the Dow returned 8.9%… Only four of the Tiger-affiliated funds lost money and ten of them generated gross returns of better than 50%. Scott Booth’s Eastern Advisors fund returned a Tiger-best 125% before fees, while the worst-performing was down 15.2%.

Two of the “Tiger Seeds” with the longest and best records are Bill Hwang of Tiger Asia and Chase Coleman of Tiger Global, each of whom were in the original group of new funds to set up shop at Tiger’s office at 101 Park Avenue near Grand Central Station in midtown Manhattan. Hwang’s fund returned 55% in 2007 before fees and has a seven-year average of 40.4%. Coleman made a gross return of 91% for Tiger Global last year and his seven-year average return is 43.7%.”

Here is a list of Tiger Global’s largest holdings from Stockpickr:

AMX
AMT
BIDU
CMCSK
CROX
CVC
EMC
FMCN
GOOG
HRZ
MELI
NIHD
NKE
SBAC
TDG