To put it simply, we first explain what we are talking about, and then explain why what we are saying is true (pace Bertrand Russell). — IU?. I. Manin Copy Share Image
There's a clarity that comes with great ideas: You can [easily and simply] explain why something's a great business, how and why it's cheap, why it's cheap for temporary reasons and how, on a normal basis, it should be trading… — Joel Greenblatt Copy Share Image