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Quote by Herbert Stein

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Herbert Stein
Herbert Stein

Herbert Stein was a distinguished economist known for his contributions to macroeconomics and fiscal policy. He played a significant role in U.S. economic policy-making and was highly respected in the academic community. more

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“There's a clarity that comes with great ideas: You can [easily and simply] explain why something's a great business, how and why it's cheap, why it's cheap for temporary reasons and how, on a normal basis, it should be trading at a much higher level. You're never sitting there on the 40th page of your spreadsheet, as Buffett would say, agonizing over whether you should buy or not.”

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