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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Dual Exchange Rate
Situation in which a currency has a fixed official exchange rate and an illegal preset parallel exchange rate. Such rates are used in various situa ...
Individual Retirement Annuity
Retirement investment vehicle similar to an individual retirement account, except that an annuity contract must be purchased, which is subject to n ...
Bear Squeeze
An alteration in market conditions that pressures negative thinker investors trying to earn from diminishing amounts to buy back an investment at a ...
Recurring Revenue
It is the portion of the revenue of a company that is possible to continue in the future. This is revenue that is stable, foreseeable and may be co ...
Centralized Market
Financial market structure comprised of having all orders transferred to one central exchange without other competing market. Prices quoted on vari ...
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