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His motivation is to have the best firm in the world. He expects that the firm will outlast his involvement there. He points out that in five years, there will be eight senior people who've been with him for 10 years. "This is a by-product of how we run the business rather than an end goal."

Och emphasizes that he leads a very balanced life. He enjoys skiing, golfing, and other outdoor activities. He is also involved in a few charities. He is chairman of the Wall Street division of United Jewish Appeal (UJA) and is on the board of City Harvest. Facing History in Ourselves is another project he spends time on.

INDUSTRY.

The new-generation manager runs a different type of business than the earlier hedge fund managers ran. A business exists, and there is more than one decision maker.