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How To Enjoy Your Billions

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by Felix Salmon
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Jan 29 2008 12:00am EDT

How to Enjoy Your Billions

Julian Robertson is making lots of money - and, he says, "it's wonderfully fun". This is a sentiment one doesn't hear very often from hedge-fund managers, who tend to have high-stress lives and demanding investors. The solution to that problem? Give your investors all their money back, and invest only your own personal billions.

Robertson is not really a Davos billionaire: his money goes to high-prestige, high-luxury projects like cultural institutions and golf courses, rather than malaria prevention or other development issues. But you can't deny that he seems to be enjoying himself.

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