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. David Einhorn Read Quote
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. David Einhorn Read Quote
We take the traditional value investor’s process and just flip it around a little bit. The traditional value investor asks ‘Is this cheap?’ and then ‘Why is it cheap?’ We start by identifying a reason something might be mispriced, and then if we find a reason why something is likely mispriced, then we make a determination whether it’s cheap. David Einhorn Read Quote
In my business investing, you are buying a stock, and someone else is selling the stock. Right there, that’s like a debate. Is the stock going up, or is it going to go down? David Einhorn Read Quote
After my undergraduate, I’ve written a thesis that was in the government department, but largely, it turned out almost an economic type of thesis. And I was very interested in that, and I wanted to go get a Ph.D. in Economics. David Einhorn Read Quote
There’s more at risk in what happens in Microsoft than I could ever bet on a poker table. David Einhorn Read Quote
Both poker and investing are games of incomplete information. 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. David Einhorn Read Quote
My parents are nice people, and they also made a point to have dinner as a family every night. David Einhorn Read Quote
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. David Einhorn Read Quote
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. David Einhorn Read Quote