If anyone can be thought of as Buffett’s mirror opposite during the Partnership years, it’s Jerry Tsai. Both men started their investment operations in the second half of the 1950s and both got out as the ’60s came to a close, but they shared little else, especially when it came to their approach, personal results, and the results of those who invested with them. If Buffett was kissing the babies, Tsai was stealing their lollipops.

