Julian Robertson Portfolio Analysis
Julian Robertson is one smart cookie. You don’t become a billionaire hedge-fund legend for being lucky. In this recent CNBC interview, he gave out some of his current ideas.
He gave out 3 types of trades and I will analyze the macro implications of each bucket.
Long MA, AAPL, MSFT, BIDU, V, GS, and RYAAY
-He is going long the best-of-breed companies that have pricing power, strong competitive positions, and will gain market-share as the 2nd and 3rd tier firms die off in the coming severe recession.
-He is shorting the economy as copper is a basic building block for everything: infrastructure growth in housing, construction, and technology.
-He is hedging himself from the rampant inflation that will come in the next few years due to the government interventions, expanding money supply, and printing money.
He still is one smart cookie indeed.