Customer Quote by David Einhorn
“What do you call a stock that's down 90%? A stock that was down 80% and then got cut in half.”
About This Quote
Source Interview: Bloomberg Markets, 2010
Uses humor to illustrate how a stock’s decline can be mischaracterized.
In simple terms: A stock down 90% is just a halved 80% loss.
Beware of misleading percentages in finance.
Themes
Mood
Type
When to use this quote
- Investor presentations
- financial reporting
- educational seminars
Key Concepts
Questions to Reflect On
- How can investors better interpret steep declines?
- What language clarifies financial risk?
Humor may downplay serious losses.