A Quote by Guy Spier
I do not use short selling. The fund has not shorted a stock since the 2002 to 2003 time frame. At that time I did short three stocks, on which I broke even on two and made money on one of them. The experience taught me that I was not going to be using short selling going forward for a slew of reasons.
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I'll always understand the Schadenfreude aspect to short-selling. I get that no one will always like it. I'm also convinced to the deepest part of my bones that short-selling plays the role of real-time financial watchdog. It's one of the few checks and balances in the market.
Allowing short selling is allowing people to sell - instead of having to buy the stock and then sell it, which doesn't do much; allow them to sell it, and then buy it. In which case they can express that information and the idea is that you would get more accurate valuation of companies by letting people express both their positive information and their negative information through either long or short selling.
I always say I'm not going to care this time, but I always do. Like, I did one this season called Tax Man with Martin Short, which was like, "Are you kidding me? Doing a pilot with Martin Short? Like, career high." And I just assumed, because it's Martin Short, like, "How are they not going to pick that up?" But they didn't.
I'm always watching people over a short time frame, putting them in an extreme position. Sometimes you don't see the humanity in a person because the time frame is so short and the circumstance so extreme.
I do not think it is "selling America short" when we ask a great deal of her; on the contrary, it is those who ask nothing, those who see no fault, who are really selling America short!
Life's short, you know? Especially as an athlete. Your career is very short, and you use the opportunities that you have because you're not going to have them again.
Banks wont even loan each other money, everybody's going broke, and here we are inside here, these people are going to be out on the street selling apples and pencils and they're still going to be buying paintings for this money, so I don't know what's going on in this world.
I always had faith in the internet. I believed in it and thought it was obviously going to change the way the world worked. I really did not understand why others were selling their stock. As stock prices plunged, I just bought them, one after another, since I had the money. I guess I was rather lucky.
We're going to go to the moon. We're going to go on to Mars. We're going to set up a base on the moon. OK, but no money to pay for it, nothing in the budget for it. And so the decision made at that time was to cancel the whole shuttle program to save money, which I think was very, very short sighted.
We lost three very young, very talented drivers in a really short time and that had a lot of influence, too. Certainly Dale's death was a huge smack in the face to everybody, but all those deaths in such a short period of time was awful. It forced people to look at it and say, 'Hey, this isn't a coincidence. There's something going on'.
Busy people all make the same mistake: they assume they are short on time, which of course, they are. But time is not their only scarce resource. They are also short on bandwidth. By bandwidth I mean basic cognitive resources - psychologists call them working memory and executive control - that we use in nearly every activity.
If you have information that a company is not as good as its stock market valuation, you don't have a way to sell that stock unless you already own it. And so that information doesn't get incorporated in the company's stock price as fast if you don't allow short selling.
By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.
We had this idea, and I think a lot of people did going in, that you can make some short film and it's going to get industry attention and that's going to be your thing. And it was only later on at school that we realized that's very rare that a short film is going to capture the attention of anyone.
Even so does he who provides for the short time of this life, but takes no care for all eternity; which is to be wise for a moment, but a fool for ever; and to act as crossly to the reason of things as can be imagined; to regard time as if it were eternity, and to neglect eternity as if it were but a short time.
I try to use short sentences, short paragraphs and short chapters to keep the reader's interest.
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