Entrepreneurs / Investors

18 David Einhorn Quotes on Investing (SUCCESS)

Top 10 Most Famous David Einhorn Quotes (BEST)

As an investor my job is to figure out what will happen rather than what should happen.Pin
As an investor my job is to figure out what will happen rather than what should happen.
Investing in a poker game and investing in stocks, at least the way I do it, it's a very similar skillset.Pin
Investing in a poker game and investing in stocks, at least the way I do it, it’s a very similar skillset.
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.Pin
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.
The loss was not bad luck. It was bad analysis.Pin
The loss was not bad luck. It was bad analysis.
We never invent new reasons to continue with a position when the original reasons are no longer available.Pin
We never invent new reasons to continue with a position when the original reasons are no longer available.
On my best days, I fancy myself a combination of Dad's persistence/patience and Mom's toughness/skepticism.Pin
On my best days, I fancy myself a combination of Dad’s persistence/patience and Mom’s toughness/skepticism.
There's more at risk in what happens in Microsoft than I could ever bet on a poker table.Pin
There’s more at risk in what happens in Microsoft than I could ever bet on a poker table.
In the real world, illiquid assets carry a discount.Pin
In the real world, illiquid assets carry a discount.
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.Pin
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.
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.Pin
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.

8 David Einhorn Quotes on Finances and Investing

“The lesson of Lehman should not be that the government should have prevented its failure. The lesson of Lehman should be that Lehman should not have existed at a scale that allowed it to jeopardize the financial system.”

David Einhorn
The investing world is a little bit more multidimensional than poker.Pin
The investing world is a little bit more multidimensional than poker.
Any stock investment can turn out to be a loser no matter how large the edge appears.Pin
Any stock investment can turn out to be a loser no matter how large the edge appears.
We believe in constructing the portfolio so that we put our biggest amount of money in our highest-conviction idea, and then we view the other ideas relative to that.Pin
We believe in constructing the portfolio so that we put our biggest amount of money in our highest-conviction idea, and then we view the other ideas relative to that.
People say things in the market that they don’t believe to be true both in promoting stocks and rejecting stocks.Pin
People say things in the market that they don’t believe to be true both in promoting stocks and rejecting stocks.
I was never a believer that the markets are efficient.Pin
I was never a believer that the markets are efficient.
Market extremes occur when it becomes too expensive in the short-term to hold for the long-term.Pin
Market extremes occur when it becomes too expensive in the short-term to hold for the long-term.
When people ask me what I did on my summer vacation, I generally tell them ‘I played in the World Series of Poker.’ Nobody gives me a strange look.Pin
When people ask me what I did on my summer vacation, I generally tell them ‘I played in the World Series of Poker.’ Nobody gives me a strange look.
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David Einhorn Quotes on Investing (SUCCESS) - Gracious QuotesPin
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