Rainwater and Bass - two really smart Stanford business grads .... turn millions into billions .... very familiar with the names but not the Stanford connection .. thanks for sharing ...
I absolutely agree with .. >>>The successful distressed investor is concerned about making money next month, next year - not tomorrow. We are often viewed as "wrong", "out of touch".<<< ..... but didn't you mean to say .... really stupid investors sell a dollar of assets for a quarter ... cuz they don't want to wait for their dollar ... either way I agree .... better to be the buyer for a quarter than to be the seller separated from your dollar ....
and it doesn't take a friggin Stanford education to get this ...
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