Tips by Lee Ainslie

It would be unusual for someone to call us with an idea that we don't already have some knowledge of. As a result, the vast majority of our ideas come...
From day one we've had a significant portion of our assets invested outside the United States – it's currently about 30% of our gross exposure. This...
Julian [Robertson] was maniacal on the importance of management: ‘Have you done your work on management?’ Yes, sir. ‘Where did the CFO go to...
There are no “holds.” Every day you're either willing to buy more at the current price or, if you aren't, you should redeploy the capital to...
If I believed having 10 people rather than 52 would allow us to be more successful, we'd quickly make that transition. But with the specialization of...