Intrepid Capital Management
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George Soros has made some great bets over the years. Backing Intrepid Capital Management, set up in July, 1998, to specialize in tech stocks, was one of them. The fund, run by two unassuming fund managers, Steve Shapiro, 39, and Mike Au, 32, had no trouble beating the Nasdaq in 2000. It's up 9.5% so far this year.
Shapiro began investing in technology just as the bull market in the stocks took off in 1991 when he ran Fidelity's Select Electronics fund in Boston. He later joined Tiger Management before heading out on his own with $25 million from Soros. Au, who joined in March, is an alum of two other big funds, Maverick Capital and Moore Capital Management.