The most dominant creatures tend to be huge, but the most enduring tend to be smaller.
We look at the present through a rear-view mirror. We march backwards into the future.
Mr. Paulson has acknowledged making mistakes
The company needs to figure out how to be rewarded on Wall Street without creeping out Main Street. It might not be possible.
One thing I love about customers is that they are divinely discontent
Asset price inflation and consumer price inflation are not the same thing
People remember the last recession and the inverted yield curve that preceded it.
Performance attribution can be more telling than the performance itself if you know where to look.
They were teaching efficient markets and none of it resonated with me.
There’s no homemade jump shots anymore.
Season tickets to Liam Neeson
Ray Dalio has been calling for 1937 every few years.
If you said to early days Netflix or Red Box what’s the market opportunity…
The paradoxical conclusion is that it would be very unlikely for unlikely events not to occur.