Former Tiger Fund manager and billionaire Julian Robertson says President Obama is doing a terrible job.
Forbes magazine ranked Robertson as the world's 437th richest person, with an estimated personal fortune of $2.2 billion
"I've made a pretty good living over the years by never hiring anyone that wasn't a lot smarter than I am. So when I go in a room, I know I'm not the smartest person in the room, not even approaching it," Robertson told the New Zealand Dominion Post.
"Now Obama, from all I read, thinks that on every occasion that he is the smartest person in the room. And I think he often probably is, but you can't run the biggest business in the world having never run even a country store," Robertson says.
"And he's running into that and he's just doing an awful job and people see it. He's enough of a politician to see it – although he's so cocky maybe he doesn't see it," Robertson says.
Robertson is especially critical of the Obama administration's plans to remove the controversial school voucher system in Washington, D.C., a federal system that allows children from poorer areas a "voucher" to attend private schools.
"Here's this man who went to a private school and whose children go to private schools and for some reason the education secretary has eliminated these — which is just a terrible thing,” Robertson says.
“The vouchers allow poor children from these horror show schools to go to these good private schools such as the ones Obama's children attend."
The American Federation for Children has called on Congress to reauthorize the highly successful D.C. Opportunity Scholarship Program, The Earth Times reports.
"On behalf of millions of low-income parents across America, especially the thousands here in Washington, D.C., who desperately seek educational opportunity for their children, the American Federation for Children urges you to … reauthorize the successful D.C. Opportunity Scholarship Program,” a statement issued by the organization said.
Asked for investment tips, he says currencies look good at the moment, before waving his hand and adding he doesn't want to discuss "all that" because he is retired.
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