A Quote by Seth Klarman

Always remembering that we might be wrong, we must contemplate alternatives, concoct hedges, and search vigilantly for validation of our assessments. We always sell when a security's price begins to reflect full value, because we are never sure that our thesis will be precisely correct.
We don't always know the details of our future. We do not know what lies ahead. We live in a time of uncertainty. We are surrounded by challenges on all sides. Occasionally discouragement may sneak in to our day; frustration may invite itself into our thinking; doubt might enter about the value of our work. In these dark moments Satan whispers in our ears that we will never be able to succeed, that the price isn't work the effort, and that our small part will never make a difference. He, the father of all lies, will try to prevent us from seeing the end from the beginning.
And when the sun rises we are afraid it might not remain when the sun sets we are afraid it might not rise in the morning when our stomachs are full we are afraid of indigestion when our stomachs are empty we are afraid we may never eat again when we are loved we are afraid love will vanish when we are alone we are afraid love will never return and when we speak we are afraid our words will not be heard nor welcomed but when we are silent we are still afraid So it is better to speak remembering we were never meant to survive
So to the best we can, what we do is focus on creating value for others, and how do we do that? We do it by trying to produce products and services that our customers will value more than their alternatives, and not just their alternatives today, but what the alternatives will be in the future. We try to more efficiently use resources than our competitors, and constantly improve in that, and we try to do the best job we can in creating a safe environment, and environmental excellence, and constantly improve at that.
The very foundation of science is to keep the door open to doubt. Precisely because we keep questioning everything, especially our own premises, we are always ready to improve our knowledge. Therefore a good scientist is never ‘certain’. Lack of certainty is precisely what makes conclusions more reliable than the conclusions of those who are certain: because the good scientist will be ready to shift to a different point of view if better elements of evidence, or novel arguments emerge. Therefore certainty is not only something of no use, but is in fact damaging, if we value reliability.
To be good Christians you have to contemplate the suffering humanity of Jesus. "How can we bear witness? Contemplate Jesus. How can we forgive? Contemplate Jesus suffering. How can we not hate our neighbor? Contemplate Jesus suffering. How can we avoid gossiping about our neighbor? Contemplate Jesus suffering. There is no other way". These virtues are the those of the Father, who forgives us always, and Our Lady, Our Mother, shares in these virtues too.
Freedom and security are precious gifts that we, as Americans, should never take for granted. We must do all we can to extend our hand in times of need to those who willingly sacrifice each day to provide that freedom and security. While we can never do enough to show gratitude to our nation's defenders, we can always do a little more.
Do not compromise on national security for purely budgetary reasons. The world is dangerous, and we must always be prepared for anything that might threaten our national interests and security.
We must set limits to our wishes, curb our desires, moderate our anger, always remembering that an individual can attain only an infinitesimal share in anything that is worth having; and that on the other hand, everyone must incur many of the ills of life
We can continue our quest for improvement or not. We can search for happiness, enlightenment, security or identity or not. The search is not wrong; it is unrelated to the actual world.
People come to the theatre in search of a real encounter with other human beings, and we must give them what they come for. Our capacity to do that is the measure of being human. And if the price is that we sometimes say something not very pleasant - well, that's precisely why people want us, in the end: because we speak the truth.
We comfort ourselves by reliving memories of protection. Something closed must retain our memories, while leaving them their original value as images. Memories of the outside world will never have the same tonality as those of home and, by recalling these memories, we add to our store of dreams; we are never real historians, but always near poets, and our emotion is perhaps nothing but an expression of a poetry that was lost.
By delivering experience, novels can alter the stance we adopt toward news - not much, I'm sure, but they can make it a little more difficult for us to consign "other people" to our tidy boxes. Widening our imaginative life might - it's not hard to imagine - also develop our ability to contemplate counterfactuals and our capacity to speculate about how things might differ from how they're being represented.
It’s wrong to hate. It always has been wrong and it always will be wrong! It’s wrong in America, it’s wrong in Germany, it’s wrong in Russia, it’s wrong in China! It was wrong in two thousand B.C., and it’s wrong in nineteen fifty-four A.D.! It always has been wrong, and it always will be wrong!
No man can purchase his virtue too dear, for it is the only thing whose value must ever increase with the price it has cost us. Our integrity is never worth so much as when we have parted with our all to keep it.
Intrinsic security doesn't come from what other people think of us or how they treat us. It doesn't come from our circumstance or out position. It comes from within. It comes from accurate paradigms and correct principles deep in our own mind and heart. It comes from inside-out congruence, from living a life of integrity in which our daily habits reflect our deepest values.
God will never, never, never let us down if we have faith and put our trust in Him. He will always look after us. So we must cleave to Jesus. Our whole life must simply be woven into Jesus.
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