A Quote by Theo Epstein

If the seller has a player that they think is going to have a lot of value, they're aware of it, protect that value. You have to go get it. That's the way the trade market works.
Market value is irrelevant to intrinsic value. ... Unqualified judgment can at most claim to decide the market-value - a value that can be in inverse proportion to the intrinsic value.
I suppose, at 50, you value things in a different way. So you value connections, you value your friendships, you value your health, and you are much more aware of time passing.
The U. S. trade deficit with China shows that while we value the potential of their market, they value the reality of our market. It is in this area that we should use our leverage.
I used to think that good short-sellers could be trained like long-focused value investors because it should be the same skill set; you’re tearing into the numbers, you’re valuing the businesses, you’re assigning a consolidated value, and hopefully you’re seeing something the market doesn’t see.But now I’ve learned that there’s a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.
The latest trade of a security creates a dangerous illusion that its market price approximates its true value. This mirage is especially dangerous during periods of market exuberance. The concept of "private market value" as an anchor to the proper valuation of a business can also be greatly skewed during ebullient times and should always be considered with a healthy degree of skepticism.
I do think in general, women have a value system. And it's that value system that I think is feminism. Not "men are bad, women are good, let's get women empowered" - it's let's get this value system, which is about the capacity to feel and empathize with life, and therefore to protect it.
In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the market will do, one must follow a value philosophy at all times.
I don't look at business as a zero-sum game. I don't. I've never seen it play out that way in our industry, and I think you innovate and you add value, deliver value back to customers, and you get value back from the world.
Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when stocks are going up, he happily pays more than their objective value; and, when they are going down, he is desperate to dump them for less than their true worth.
I don't believe all this nonsense about market timing. Just buy good value and when the market is ready that value will be recognized.
If you're really serious about protecting people's incomes, you've got to consider how you're going to protect the dollar. If you don't have the dollar maintaining its value, no matter where you put the money you're not going to have any value.
And the American public was able to make up their own mind whether this verdict was a just verdict or not. So I think there's a lot of value in the public being able to see how the system works or doesn't work, so I think there's a definite value there.
I think that all people that get to a certain level of their celebrity are brands. I accept that. I don't value it in any personal way. I value it as an element of my work. I'm more pragmatic in that sense. I do get very rattled if I don't get enough normalcy in my life. I like solitude. I can't even write music if I'm not isolated.
See the investment world as an ocean and buy where you get the most value for your money. Right now the value is in non-callable bonds. Most bonds are callable so when they start going up in price, the debtor calls them away from you. But the non-callable bonds, especially those non-callable for 25-30 years, can go way up in price if interest rates go way down.
If you'd rather be a chooser, enter a market or a transaction where you have something to trade, something of value, something to offer that's difficult to get everywhere else. If all you have is the desire to get picked, that's not sufficient.
Sometimes you don't get the value of the art or the painting you buy. The value you get from it is on the wall and you're looking at it. It's the same with your car. You're using it, so it goes down in value but you've used it.
This site uses cookies to ensure you get the best experience. More info...
Got it!