[My level of competitiveness] was important, yes. I always said that when Tiger Management was going, that our employees would have taken a 15 to 20 percent pay cut if that would have somehow guaranteed us to be number one. That definitely mellows out over time, but I still like winning, which is one reason [...]
I did worry when I shut down my main hedge fund in 2000 that I didn't want my tombstone to say, “He died getting a quote on the yen” as if I had nothing better to do in the middle of the night than that.
really think that we benefited from starting with good young people, who begat more good young people. We eventually devised testing that all applicants had to take. We still give that test, which takes about three or four hours. It is part aptitude, but also psychological. It sort of emanated from our having a few [...]
When I started in the business and for a long time, my concept of value was absolute value in terms of a price-earnings ratio. But I would say my concept of value has changed to a more relative sense of valuation, based on the expected growth rate applied against the price of the stock. Something [...]