I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.

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It's a fundamental social attitude that the 1% supports symphonies and operas and doesn't support Johnny learning to program hip-hop beats. When I put it like that it sounds like 'Well yeah ' but you start to think 'Why not though?' What makes one more valuable than another?