Apple Inc. (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB): What Stocks Julian Robertson Likes and His Take on Market Bubbles

The investor also added that he would put Facebook Inc (NASDAQ:FB) rather than Twitter Inc (NYSE:TWTR) in the category of growth companies. Mr. Robertson owns 317,500 shares of Facebook Inc (NASDAQ:FB), the position being initiated over a year ago. However, when we compare the returns of both stocks over the first three months of 2015, there is a huge difference, with Facebook’s stock inching up by 5.38%, while Twitter Inc (NYSE:TWTR) surged by almost 40% during the same period. The majority of funds that we track are on Mr. Robertson’s side however, with Facebook Inc (NASDAQ:FB) ranking on the sixth spot with 118 funds with long positions, while Twitter Inc (NYSE:TWTR) is much lower, with only 42 investors holding shares of the company. 

However, Mr. Robertson believes that with the Fed raising interest rates this year, there should be a sell-off in the market, so he is protecting himself by going short. One of the companies that Mr. Robertson thinks is “interesting” is Amazon.com, Inc. (NASDAQ:AMZN), because it has had huge growth and captured the attention of investors, even though it doesn’t have any cash flow. Nevertheless, Mr. Robertson is short Amazon.com, Inc. (NASDAQ:AMZN), and Tiger’s latest 13F filing disclosed ownership of ‘Put’ options underlying 160,000 shares of the internet retailer. However, the $173 billion company was one of the top gainers among companies with a market cap of over $100 billion, jumping by almost 20% in the first three months mainly on the back of strong financial results for the fourth quarter. Ken Fisher, Boykin Curry, Ken Griffin, and David Shaw are only a few of the 76 investors with long positions in Amazon.com, Inc. (NASDAQ:AMZN), although Messrs. Griffin and Shaw also own ‘Put’ and ‘Call’ options underlying shares of the company.

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