Luahiwa

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“Finance's starting point in valuation is that previous accomplishments and what you have today bear little relationship to real value. Finance is completely and ruthlessly forward-looking. The only source of value today is the future.”
Mihir Desai, The Wisdom Of Finance: Discovering Humanity in the World of Risk and Return

Socrates
“I do nothing but go about persuading you all, old and young alike, not to take thought for your persons or your properties, but and chiefly to care about the greatest improvement of the soul. I tell you that virtue is not given by money, but that from virtue comes money and every other good of man...”
Socrates

“John Henry Newman put it more than 150 years ago, “the general principles of any study you may learn by books at home; but the detail, the color, the tone, the air, the life which makes it live in us, you must catch all these from those in whom it lives already.”
Mihir Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

“With well-defined losses and no set ceiling on the upside,”
Mihir Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

“She seems to have understood that risk management is not a goal in and of itself—but rather a set of strategies to ensure that one can take the big bets one needs to take to truly create value.”
Mihir Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

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