Top 7 Quotes & Sayings by Martin J. Whitman

Explore popular quotes and sayings by Martin J. Whitman.

Last updated on December 21, 2024.

Martin J. Whitman was an American investment adviser and a strong critic of the direction of recent changes in Generally Accepted Accounting Principles (GAAP) in the U.S. He was founder and Co-Chief Investment Officer of Third Avenue Management, and Portfolio Manager of the Third Avenue Value Fund.

Born: September 30, 1924

Source: Wikipedia

In the financial world it tends to be misleading to state, "There is no free lunch." Rather the more meaningful comment is, "Somebody has to pay for lunch."

Martin J. Whitman

Based on my own personal experience – both as an investor in recent years and an expert witness in years past – rarely do more than three or four variables really count. Everything else is noise.

Martin J. Whitman

Diversification is a surrogate - and a damn poor surrogate - for knowledge, elements of control, and priceconsciousness.

Martin J. Whitman

If I learn 1,000 techniques with my luck I'll go out on the street and be attacked by number 1,001.

Martin J. Whitman

We attracted a lot of market timers and asset allocators. I don't need those ... amateurs in my fund.

Martin J. Whitman

We ignore outlooks and forecasts... we're lousy at it and we admit it ... everyone else is lousy too, but most people won't admit it.

Martin J. Whitman

Rarely do more than three or four variables really count. Everything else is noise.

Martin J. Whitman

Top 7 Quotes & Sayings by Martin J. Whitman

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