“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.”
Quote by James Chanos
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“I don't like to be out of my comfort zone, which is about a half an inch wide.”
Source: Culture Counts: Faith and Feeling in a World Besieged
