The Navigator
Judgement in the fog, money, risk and the call others cannot make.
Boaz Weinstein reads as The Navigator because he leans into uncertainty rather than away from it, mapping risk terrain through boundary conditions and asymmetry before committing capital. His fog metaphor is not defeatism but situational awareness, a discipline of charting where the market actually is rather than where convention assumes it to be.
“So good. I have to tell you, there are so many lines of his that are just so quotable and they're just, I think the writing is brilliant. And the show, I'd give it an A- but his lines are an A plus. So that's what I finish. I'm about to start season two of Tehran. And my wife is from Tehran.”
“So we didn't hedge ourselves down to near zero. We thought that we didn't think the company was going to. Blow up. And we also thought that there would be decent recovery value, and there may still be, by the way, but the way everything went south so quickly, we ended up having not enough hedge on and it was a loss-making trade.”
“Exactly. And of course, Sabre was negatively affected by COVID. But even today, Saber trades at 500. And guess where McDonald's trades back at 25.”
“So I was at Deutsche, and there were a lot of Deutsche prop groups, and I wanted to brand it. And so I was trying to think what's easy to say, easy to spell, and hasn't been taken. And there wasn't really much left. And Saba means grandfather in Hebrew. My mother was raised in Israel after the Holocaust.”
Masters in Business: “Boaz Weinstein on Investors' Unknown Risk”
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