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Quote by David Einhorn

“You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical.”

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David Einhorn

David Einhorn is a renowned hedge fund manager. Born on November 20, 1968, he is known for his sharp insights and unique investment strategies in the field of finance. more

“I used to think that good short-sellers could be trained like long-focused value investors because it should be the same skill set; you’re tearing into the numbers, you’re valuing the businesses, you’re assigning a consolidated value, and hopefully you’re seeing something the market doesn’t see.But now I’ve learned that there’s a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.”

Thinking Should Long Bigs Used Values Fall Differences Numbers Seeing Skills Focused Psychological Finance Hopefully Realms I've Learned Investors Sellers

Author:James Chanos

“Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them. If the 200 best don't do better than the 200 worst, you should probably be in another business.”

Ifs World Should Company Worst Mandates Best Company

Author:Julian Robertson

“It seems to me that the least deserving recipients of wealth are inheritors. Further, there are many indications that inheritors often have trouble adjusting to their unearned inheritance. An inheritance tax would de facto help remedy this.”

Helping Seems Wealth Trouble Taxes Remedy Inheritance Deserving Indication Adjusting Inheritance Tax

Author:Julian Robertson

“If we put a product into Sears, we don't want to have to pull it out in a year, or two years, or three years. We don't want to do that only to have it yanked away.”

Ifs Want Years Two Three Products Two Years Three Years Sears

Author:Edward Lampert

“I don't like to be out of my comfort zone, which is about a half an inch wide.”

Half Comfort Wide Zone Inches Comfort Zone

Author:Larry David

“Sanctions make a substantial contribution to power based on privation, and they have never hurt a single despot in the whole history of their use.”

Whole Use Hurt Contribution Sanctions Despots

Author:Roger Scruton

“There’s a real question as to what beauty is and why it’s important to us. Many pseudo-philosophers try to answer these questions and tell us they’re not really answerable. I draw on art and literature, and music in particular, because music is a wonderful example of something that’s in this world but not of this world. Great works of music speak to us from another realm even though they speak to us in ordinary physical sounds.”

Quote by David Einhorn

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