some contributio critics.
when you short a stock there are
a large number of people on the
other side who don't like what
you're doing.
certainly the company is
fighting back.
>> rose: characterize
yourself.
there are people saying he's the
most optimistic guy, he
believes, he prevails, all of
that.
>> i've seen very few people
accomplish something unless
they're an optimist.
in the investing business you
need a high degree of confidence
but you also need a high degree
of bum helness and you have to
balance those two.
>> rose: where is the
humbleness.
>> humbleness comes from
mistakes.
j.c. penny has been a big
disappointment and you learn
from mistakes like that.
general growth has been an
incredible success.
you need to do a sufficient
amount of research and homework
and when you place your bet you
have confidence-- a business you
can look very silly before
you're proven right.
i looked very sill nem.b.i.a.,
and there was a lot of scrutiny
in the press --
>> did you ever doubt...