SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (36826)3/2/2010 10:15:02 PM
From: Madharry  Respond to of 78478
 
Someone else just forwarded this to me. Im glad Mike has done so well. He was a good guy who took a big risk leaving the Medical field to open up a hedge fund.



To: Spekulatius who wrote (36826)3/3/2010 12:12:30 AM
From: Grommit  Read Replies (1) | Respond to of 78478
 
This section hit me:

"Burry clipped the Bloomberg article and e-mailed it around the office with a note: “Lippmann is the guy that essentially took my idea and ran with it. To his credit.”

Most people (me included) would have had trouble adding the sentence "to his credit", and would instead be upset that the idea was taken.

I was also amazed to see how little capital he had when he started Scion.

grommit



To: Spekulatius who wrote (36826)3/5/2010 9:41:48 AM
From: Jurgis Bekepuris  Read Replies (2) | Respond to of 78478
 
It is an interesting article on one hand. And it also contains everything I hate about journalists and journalism: sensationalism, a know-it-all and can-explain-it-all attitude that ties every detail and observation into neat picture that the journalist wants to present. The real life is much more messy and is not tied into "Our hero is a god, everyone else is an idiot, because he has glass eye and Asperger's". The guy should sell it as a script to Hollywood though.