I will keep a substantial long exposure to gold -- which serves as a Jelly Donut antidote for my portfolio. While I'd love for our leaders to adopt sensible policies that would reduce the tail risks so that I could sell our gold, one nice thing about gold is that it doesn't even have quarterly conference calls.
David EinhornAs an investor my job is to figure out what will happen rather than what should happen.
David EinhornWhen 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.
David Einhorn