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How the Tiger Cubs (Sort of) Beat the Markets in 2013

While their short positions held them back last year, many Tiger Cubs and their offspring managed to beat the markets in their long portfolios.

       Lee Ainslie, Maverick Capital (Bloomberg)Most of the hedge fund managers who have roots going back to legendary investor and Tiger Management Corp. founder Julian Robertson Jr. may have underperformed the surging stock market in 2013. However, a look at the long-only funds managed by these so-called Tiger Cubs — as

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