• With: Barbara Walters

    This is a RUSH transcript from "The O'Reilly Factor," May 15, 2014. This copy may not be in its final form and may be updated.

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    O'REILLY: Thanks for staying with us. I'm Bill O'Reilly. In the "Personal Story" segment tonight, Barbara Walters.

    At age 84, she's retiring from television, giving up moderating The View and her ABC News specials. Now, I've known Ms. Walters for many years and have had many interesting conversations with her.

    I believe the one tonight will fit in to that category as well. We spoke on Tuesday.

    (BEGIN VIDEOTAPE)

    O'REILLY: Are you an introspective woman.

    BARBARA WALTERS, BROADCAST JOURNALIST AND TV PERSONALITY: I do a lot of could have, should have, would have. Could have done that, should have done that.

    I look back. I should not. There are people, especially men, I think, who do not look back. They just look forward. Do you. What do you do.

    O'REILLY: I don't know. I'm delirious most of the time.

    (LAUGHTER)

    But here's why I ask that question.

    WALTERS: Yes.

    O'REILLY: You are the most successful woman television journalist of all time.

    WALTERS: Oh.

    O'REILLY: Stop, stop.

    WALTERS: OK.

    O'REILLY: All right, it's beyond -- it's not even close, all right -- the most successful --

    (BEGIN VIDEO CLIP)

    -- woman journalist of all time. Did you ever think about why, what made you be in the business for 50 years and succeed to that extent. What is it.

    (END VIDEO CLIP)

    WALTERS: I never thought that it was going to happen, so it's not as if I had a plan.

    O'REILLY: But it did happen.

    WALTERS: But I had to work. That makes a difference. I couldn't stay home with mummy and daddy. I had to work so I could work my way up.

    (BEGIN VIDEO CLIP)

    I had to support my family for a while. That made a difference. And, I don't know what it is. Ambition sounds so bad.

    O'REILLY: Oh, you're ambitious.

    WALTERS: Inspiration sounds better.

    O'REILLY: No, no, no. You're ambitious. I've known you for a long time. And you're very hardworking.

    So, was it hard work. Was that what it is that puts you over the top.

    WALTERS: Hard work helps. Hard work means weekends. Hard work means, sometimes difficulties in your personal life.

    O'REILLY: Yes, you sacrificed in your personal life to become professionally successful. Everybody knows that you have to do that at this level.

    How much talent do you have. How much innate talent.

    WALTERS: I would have said very little.

    (BEGIN VIDEO CLIP)

    WALTERS: I'm sorry, I stepped on my skirt. Let's start it again.

    But I realized that I'm good with questions. I'm curious and I'm a wonderful editor.

    Give me a piece of tape, give me a piece of film. I love to edit. It's like putting a puzzle together.

    (END VIDEO CLIP)

    So, that helps when I prepare interviews. So, do I have an enormous talent, no. Do I have some talent, yes.