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— Seth Klarman"There's no such thing as a value company. Price is all that matters. At some price, an asset is a buy, at another it's a hold, and at another it's a sell."
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You see the assets of your actors and you see their strengths and you try to play into them. It's like I feel part of my job is as a coach. I'm putting a team on the field and you want to formulate how to make the best game out of these players.
— James Mangold
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It is ludicrous to believe that asset bubbles can only be recognized in hindsight.
— Michael Burry
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