The boys at the Big Picture have done another outstanding job. This time they quoted an article by Herb Greenberg on hedge fund legend Julian Robertson. I encourage you to read the article.

I would like to thank Barry Rithholtz and the wonderful people at the Big Picture for the great work thay do.

In case you can't find it, here is the article from the Big Picture;

Julian Robertson on Irrationality in Markets

I was speaking with Herb Greenberg on Monday about Julian Robertson. He had mentioned this little tidbit, buried at the end of Herb's most recent column (which I had missed):

Hedge fund manager, investment conference impresario and newsletter publisher Whitney Tilson has a terrific piece in the latest edition of his Value Investor Insight, in which he does a mea culpa to legendary hedge fund manager Julian Robertson, who quit the business in 2000 at the height of the last round of stock-market insanity.