Percy Still Not the Most Famous Hedge Fund Manager From North Carolina
People assume that, as famous as I am, I must be the most famous hedge fund manager ever born and raised in North Carolina. But I'm not. As long as Julian Robertson still casts his long shadow on this earth I'll remain the second most famous hedge fund manager born and raised in North Carolina ( Louis Moore Bacon will remain the third most famous). That's ok by me. Mr. Robertson is the greatest hedge fund manager of all time. He certainly deserves to be the most famous hedge fund manager from the Tar Heel State.
Yesterday's profile of Mr. Robertson in Singapore's The Business Times reminded me of my second-most status. Here's the North Carolina part of the profile:
Mr Robertson was born to a notable family living in the small town of Salisbury in North Carolina. His father was a successful businessman in the textile industry and a savvy investor, while his mother was heavily involved in community work.For those of you who want to learn more about North Carolina's rich alternative asset management heritage, please read the whole thing.
His father piqued the young Robertson's interest in investing at an early age, teaching him how to read and understand stock tables and other financial information. The boy would often sit on the living room floor and compare statements from different companies to see who got the most sales per dollar of investment.
After graduating from the University of North Carolina with a degree in business administration in 1955, Mr Robertson joined the US Navy and served on a munitions ship where he was in charge of the functionality of weapon systems.

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