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The Power of Stochastic Thinking in Value Investing
It sounds like a lot of this is right place at the right time, but it sounds like you didn't do it necessarily by happenstance. Yeah, I think that's reasonable and I always think of myself as a value investor from that standpoint. What often creates value is not that you have a differing view about the cash flows of an individual company,. But can find a situation in which people are being forced to do something for non-economic reasons.