Black Quote by Michael Lewis

Black-Scholes works for short-term options, but if it's a long-term option and you think you know something [about the underlying asset], it's insane to…

— Charlie Munger

The sillier the market's behavior, the greater the opportunity for the business like investor.

— Benjamin Graham

Looking into it a bit, Jamie found that the model used by Wall Street to price LEAPs, the Black-Scholes option pricing model, made some…

— Michael Lewis

There are times when the presence of more choices can make us choose things that are not good for us. For me the clearest…

— Sheena Iyengar

When you start with why, which decision you make becomes very easy. It is so hard to do when you may suffer a short…

— Simon Sinek

“the paradox of choice.” Most people don’t want more options; they just want what they want. When overwhelmed by choice, we tend to fall…

— Tim Brown

People are willing to get short-term gains at the risk of long-term choices...

— Rick Rubin

Easy short-term choices lead to difficult long-term consequences meanwhile difficult short-term choices lead to easy long-term consequences.

— Rory Vaden

The cheaper the stock, the better the outlook for future returns.

— Robert Haugen

People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved…

— Robert Kiyosaki

The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of…

— Al Gore

“This example highlights two aspects of choice that the standard model of indifference curves does not predict. First, tastes are not fixed; they vary…

— Daniel Kahneman