“When”-ing Isn’t Everything, It’s The Only Thing! by Dave Iben, Kopernik Global Investors “I’ll take Investment Analysis for $2000, Alex.” “The Answer is, ‘The most important word in analysis’.” “I’ll go with ‘What is Why’?” “I’m sorry, our panel of contemporaries believe the correct response is, ‘What is When?’” “Winning isn’t everything, it’s the only thing”, is a quote made famous by Vince Lombardi, but is believed to have originated with UCLA football coach Red Sanders in 1950. Interestingly, late in life, Lombardi lamented having ever said it because it was misconstrued to place winning above morals. This commentary will…
Bear Market – "When"-ing Isn't Everything, It's The Only Thing!
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