Value investing wisdom: Most traditional investors hunt for bargains first—asking 'why is this cheap?' But the real edge comes from spotting mispricings before the crowd does. David Einhorn puts it perfectly: you've got to identify the reason something might be undervalued in the first place. That's the difference between buying something just because it's on sale and actually understanding what the market got wrong. In crypto markets where volatility and sentiment swings are extreme, this mindset could separate informed positions from reactive trading.