Tigers Robertson Warns of Bubble in Bond Market

Julian Robertson warns of a bubble in the bond market, highlighting economic improvements driven by two bubbles. He notes the bond market's high levels, forcing savers to invest in stocks, and describes a global trend of governments buying bonds. Robertson's fund history is also discussed, including its transformation into a business financing startup hedge funds.

What is Julian Robertson's main concern about the bond market?

• The bond market is attracting too many investors.

• Bonds are becoming more valuable.

• There is a bubble forming in the bond market.

• The bond market is too stable.

How does the bond bubble affect small investors and charities according to Robertson?

• It encourages them to save more money.

• It leaves them with no choice but to invest in stocks.

• It forces them to invest in real estate.

• It provides them with more investment options.

What is the global phenomenon mentioned by Robertson regarding government actions?

• Governments are reducing interest rates.

• Governments are buying bonds to stimulate their economies.

• Governments are investing in foreign markets.

• Governments are selling bonds to reduce debt.

What was the average annual return of Robertson's fund in the mid-90s?

• 20%

• 25%

• 32%

• 40%

What strategic shift did Robertson's fund make after experiencing losses and investor withdrawals?

• It merged with another financial institution.

• It focused on international markets.

• It started investing in real estate.

• It became a business that finances startup hedge funds.