JULIAN ROBERTSON
An American former hedge fund manager and investor who established Tiger Management Corporation, one of the first hedge funds that actually generated money during the 2008 subprime crisis. He started his hedge fund with $8 million and increased it to $22 billion by 1998. Now, he stakes other managers beginning new funds and acts on the boards of many institutions and organizations. He formed the Robertson Scholars Program, which gives full scholarships to students in Duke and North Carolina.
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Concentration Ratio
Ratio indicating the relative size of companies in respect to their industry in general. Low concentration ratio denotes higher competition among t ...
Back-To-Back Letters Of Credit
Two letters of credit (LCs) utilized together to aid a merchant in financing the buying of services or equipment from a subcontractor. With the aut ...
Stock Market Crash of 1987
Rapid and one of the most severe downturn in stock prices which took place on October 19, 1987. Following five days of intensifying stock market pl ...
Z-Score
“Z-Score” is a statistical measurement showing the relationship of the score to the mean. It can be positive or negative, which means t ...
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The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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