David Einhorn Famous Quotes
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Microsoft could help Facebook with one of the biggest challenges, namely monetizing its traffic without reducing the user's experience. It's obvious that Microsoft needs traffic and Facebook needs search.
My father and grandfather were businessmen. The family business was Adelphi Paints in New Jersey. When the first energy crisis came in the early 1970s, the business suffered.
Microsoft has one more shot at a role in smart phone software through its deployment on Nokia phones. Nokia is still the global market share leader in cell phones. Maybe it will work out, but this is hard to envision great success in the area coming on the heels of so much disappointment in missed opportunity in this important and visible category.
A 99% Value-at-Risk calculation does not evaluate what happens in the last one percent ... This is like an airbag that works all the time, except when you have a car accident.
Texas hold 'em is all about folding and waiting for that time that comes up every hour or two where you actually have an advantage and you can press it.
I've got a fantasy-baseball team with my brother. But I have to admit, he does all the work.
What is uncertain is how much further the bubble can expand, and what might pop it.
When you leave a good job to go off on your own and don't expect to make money for a while, you name the firm whatever your wife says you should.
During my freshman year at Cornell, I joined my dorm's intramural football team. At the first practice, upper classmen pointed out I was tall, so I should try playing QB. Well half an hour later, it was abundantly clear that I should not be the QB.
In the real world, illiquid assets carry a discount.
I spent most of high school working on the debate team, probably at some expense to my grades. Being a member of the team was great training in critical analysis, organization, and logic.
I rooted for the Milwaukee Brewers and its stars, Robin Yount and Paul Molitor. I went to a lot of games, including the World Series in 1982. The Brewers may have been a bad team for most of my life, but to have your team at its peak when you are thirteen years old is an experience I wish for every fan.