A Quote by Eugene Fama
Market timing doesn't work. If all the bubbles and all this mispricing really exist, how come so few people see it before it turns out that way?
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It took me a good eight to ten years to really formulate what I was doing onstage and start to get really personal with comedy. I always really had timing naturally, it was just about trying to figure out how that timing was going to work onstage.
If you look at the Karamazov Brothers on TV, they're really small and the heart is taken out of their act. That's true for most variety acts. I'm an exception. When the camera comes in close and looks at those soap bubbles, you can really see what bubbles do.
I'm not a politician. I'm not a policy wonk. I was a political reporter, but that's not really what turns me on. What turns me on is how people perceive the issue and how people see people like me.
When it comes to making more money, most people look at the world and see the same opportunities they've seen before: typically, a job. Because they don't awaken their mind and expand their vision, they don't see other opportunities. Yet opportunities do exist. So how do you change your thinking so you can see them? One way to jolt the brain out of its preconceived category thinking is to bombard it with new experiences.
I've been doing lot of work, and hopefully will bring it to fruition in a way people can see it, really understanding - this is going to sound funny, but what does government really do, how is it really funded, and what measures exist to evaluate how it does at what it does? No forecast, no policy, no prediction, just a realistic perspective on what is. Call it like a "10k for government" we've been working on with a website, with additional data.
Rise above the dualities, the opposites. See this whole world as the bubbles on the surface of water. See people as bubbles on the surface of the Brahman, of the Infinity...Water bubbles up, rises up. Like that, everybody is rising and having their own games and plays and dissolving back into the Infinite.
I checked to see if there’d been a really good book published in the last few decades. Then I started with what Cleopatra would have read, asking myself, “What can we know about her education?” It turns out to be a very great deal, and bizarrely, no one had written about that before.
I checked to see if there'd been a really good book published in the last few decades. Then I started with what Cleopatra would have read, asking myself, 'What can we know about her education?' It turns out to be a very great deal, and bizarrely, no one had written about that before.
No one actually knows how popular you are or how people think of you until and unless a few of the people who like your work walk up to you and let you know that you are really good. You can see the honesty in their eyes.
When I do the dodecahedron with the science audiences, I'll point out that I can only do three of the five forms with bubbles, since bubbles only join at three-way corners. The two I can't do are the ones that represent water and air. That always gets a big laugh from the mathematicians. They see the irony in it.
If only one word is to be used to describe what Baupost does, that word should be: 'Mispricing'. We look for mispricing due to over-reaction.
Try to see it my way, only time will tell if I am right or I am wrong. While you see it your way, there's a chance that we might fall apart before too long. We can work it out. W e can work it out.
Beginning a poem, the poet as a rule doesn't know the way it's going to come out, and at times, he is very surprised by the way it turns out, since often it turns out better than he expected; often his thought carries further than he reckoned.
Use Time. Make it easy. Get your money to work for you. The key is to get in the market, as it is not about timing the market, but time in the market that matters.
I use the term "fool's gold white space" to highlight a common problem for innovation. People see a market that doesn't exist, and assume that one should exist.
At Pinetop I just studied music, and there was no pressure to look any certain way, and so being able to sing and play guitar was enough. But when I came out to L.A., there's a whole image that you put out there and people really feed off of that because of social media platforms. And sometimes someone will see a picture of me before they hear one of my songs. It's really important to have it all figured out so that you can portray what you want people to see.
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