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Even though Julian Robertson has stopped managing money for his clients since 2000, he is still widely followed in the media. During his active years, Robertson was considered as the “Wizard of Wall Street”. His Tiger Management, one of the earliest hedge funds, returned an astonishing 31.7% per year after fees between 1980 and 1998, beating the 12.7% annual return of the market. Many of his former employees, known as “Tiger Cubs”, are now running their own hedge funds. One example is John Griffin. He was second in command at Tiger Management and launched Blue Ridge Capital in 1996. He made $175 million in 2005 and another $625 million in 2007 by returning 65% in that year. Even during the financial crisis in 2008, Blue Ridge Capital only lost about 8%.

Both Robertson and Griffin are among the smartest investors in the world. Robertson is still in touch with his protégés and gets tips from them. We think the stocks they have in common are the stocks that they both are extremely bullish on. We are also bullish about some of these names.

Company Name

Ticker

Robertson

Griffin

APPLE INC

AAPL

29,944

457,584

AMAZON COM INC

AMZN

19,742

419,896

GOLDMAN SACHS

GS

19,531

51,624

GOOGLE INC

GOOG

18,615

242,326

VALEANT

VRX

17,570

279,128

LIBERTY GLOBAL INC

LBTYA

16,172

152,861

NETFLIX INC

NFLX

11,367

229,712

CABLEVISION SYSTEMS

CVC

8,584

80,695

Apple Inc (NASDAQ:AAPL) is the largest position in the 13F portfolio of Tiger Management at the end of September. It is also the top position in Blue Ridge Capital's 13F portfolio. At the end of the third quarter, Tiger had $30 million invested in Apple and Blue Ridge owned $458 million worth of the stock. Apple underperformed the market so far in the fourth quarter, but its performance throughout the year was quite good. Apple returned 15.36% since the beginning of this year, beating the market by more than 17 percentage points. Stephen Mandel, another Tiger Cub, is also bullish about Apple. His Lone Pine Capital also invested $785 million in Apple shares.

Another technology stock both Robertson and Griffin are bullish about is Google Inc (NASDAQ:GOOG). As of September 30, Tiger Management reported to own $19 million of Google and Blue Ridge disclosed owning $242 million Google shares. Both funds increased their stakes in Google during the third quarter. Tiger boosted its stakes by 17% and Blue Ridge increased its stakes by 27%. Since the end of September, Google returned 20.00%, versus the 7.59% for SPY during the same period. Stephen Mandel is in favor of Google as well. His Lone Pine Capital disclosed to own $483 million of Google stocks at the end of the third quarter.

Another stock that generated double-digit return since the end of the third quarter is Valeant Pharmaceuticals International Inc (NYSE:VRX). It gained 17.27% so far in the fourth quarter, beating the market by nearly 10 percentage points. At the end of September, Robertson had $18 million invested in Valeant and Griffin invested $279 million in this stock. Andreas Halvorsen’s Viking Global also invested $300+ million in Valeant at the end of the third quarter.

Other stocks both Robertson and Griffin are bullish about include Amazon.com Inc (NASDAQ:AMZN), Goldman Sachs Group Inc (NYSE:GS), Liberty Global Inc (NASDAQ:LBTYA), Netflix Inc (NASDAQ:NFLX), and Cablevision Systems Corp (NYSE:CVC). These stocks underperformed the market since the end of September, but they may be good investments for the long term. Both portfolios are tilted towards technology stocks and we like their AAPL and GOOG picks a lot. We urge investors to take a closer look at the stocks both managers are in favor of.

Source: Billionaire Julian Robertson And John Griffin Are Bullish On These Stocks