Lee Ainslie's Maverick roars on quirky picks


By Pete Gallo

If a straight stock-picking award were given for 2007's topsy-turvy markets, I'd have to say that Maverick Capital would be in the running.

Some of the positional bets placed this year by Lee Ainslie III, one of the original Tiger Cubs, are reminiscent of the old roaring tiger, Julian Robertson himself, during his halcyon days. I'm talking triple-digit gains in individual positions. No wonder Maverick's flagship fund was up 23% by mid-November.

Maverick's three million shares of Apple provided a huge kicker. The computer maker's stock has soared from $90 in May to $190 as of mid-November