Transcript
Introduction
Rick
For Paul and I, every one of these conversations we're a part of is met with a feeling of immense gratitude to have the opportunity to both share the story of a person we admire and to mine their experiences for something more precious than silver or gold. What the philosopher Baltasar Gracián called worldly wisdom: knowledge, skills and insights that can help us to lead more impactful, more fulfilling lives.
Our teacher today is Steve Mandel, founder of Lone Pine Capital, one of the defining investment firms of our time. And for all you Swifties out there, for the two of us, this one just hits different. For starters, Steve is without question among the most important leaders in the investment management industry. Period.
Consider that Seth Klarman once called him "the best industry analyst I've ever met, who became the best long-short hedge fund manager of his generation." The late, great Julian Robertson, founder of Tiger Management, went maybe even a step further and called Steve "the greatest analyst of all time."
