Chanticleer
Wall Street icon Lee Ainslie: it’s a historically good time to invest
The founder of Maverick Capital and former Tiger Cub says there are four reasons active managers are well placed, including higher rates.
Lee Ainslie, who made his name as one of legendary hedge fund manager Julian Robertson’s “Tiger Cubs” in the late 1980s and early 1990s, says he’s made too many mistakes to count over the course of his career.
But a big one occurred in 1993, when Ainslie went out on his own to establish his firm Maverick Capital.
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