A Quote by Seth Klarman

You must buy on the way down. There is far more volume on the way down than on the way back up, and far less competition among buyers. It is almost always better to be too early than too late, but you must be prepared for price markdowns on what you buy.

Seth Klarman

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Almost Always Among Back Back Up Be Prepared Better Buy Buyers Competition Down Early Far Late Less More Must Prepared Price Than Too Too Late Up Volume Way

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Seth Klarman
American - Author
Born: May 21, 1957

When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stocks on a scale down, I buy on a scale up.

Jesse Lauriston Livermore

I love going out dancing. There is nothing better than letting your hair down and staying up far too late, is there?

Liberty Ross

America is way too quick to trade freedom for the illusion of security. Whether it's allowing the NSA to go way too far in what it intercepts of our personal data, to our government monitoring of everything domestically and spending way more than we should.

Erik Prince

We need to hold onto that so that people can be told in the right way that they're going through these things [like tumors] early instead of discovering them late. Discovering important health news too late happens far too much.

John Newman

Sunsets are great. Sunrises are a mixed bag. You either got up way too early or went to bed way too late.

Matt Dillon

Society is undergoing a silent revolution, which must be submitted to, and which takes no more notice of the human existences it breaks down than an earthquake regards the houses it subverts. The classes and the races, too weak to master the new conditions of life, must give way.

Karl Marx

Models walking down the street are very rarely recognized as such. It is often the same as it was for me: models were the school freaks. Way too thin and their eyes way too far apart. They were not the ideal. But then they put on fantastic clothes, have their make up done and you have this special beauty. It's a creation.

Crystal Renn

We are, finally, all wanderers in search of knowledge. Most of us hold the dream of becoming something better than we are, something larger, richer, in some way more important to the world and ourselves. Too often, the way taken is the wrong way, with too much emphasis on what we want to have, rather than what we wish to become.

Louis L'Amour

Fifty years ago or a hundred years ago, generally, most people would buy a house the way you buy a car. When you buy a car, do you think, 'I better buy this year rather than next year because car prices might go up?'

Robert J. Shiller

And though it be their sin and vanity that is the cause, it is nevertheless your sin to be the unnecessary occasion: for you must consider that you live among diseased souls. And you must not lay a stumblingblock in their way, nor blow up the fire of their lust, nor make your ornaments their snares; but you must walk among sinful persons, as you would do with a candle among straw or gunpowder; or else you may see the flame which you would not foresee, when it is too late to quench it.

Richard Baxter

I want to give consumers way more choices in health care. Choice and competition always drive down costs better than central control.

Kevin Brady

Swim upstream. Go the other way. Ignore the conventional wisdom. If everybody else is doing it one way, there's a good chance you can find your niche by going in exactly the opposite direction. But be prepared for a lot of folks to wave you down and tell you you're headed the wrong way. I guess in all my years, what I heard more often than anything was: a town of less than 50,000 population cannot support a discount store for very long.

Sam Walton

Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when stocks are going up, he happily pays more than their objective value; and, when they are going down, he is desperate to dump them for less than their true worth.

Benjamin Graham

Buy less. Choose well. Make it last. Quality, not quantity. Everybody’s buying far too many clothesI mean, I know I’m lucky, I can just take things and borrow them and I’m just okay, but I hate having too many clothes. And I think that poor people should be even more careful. It doesn't mean therefore you have to just buy anything cheap. Instead of buying six things, buy one thing that you really like. Don't keep buying just for the sake of it.

Vivienne Westwood

When I was at the University of California at Berkeley, I went to some classes that must have had more than four hundred students in them. I almost always sat in the far back of the auditorium so I could read the newspaper. I remember that I stayed late one day to ask the professor a question, and when I got up to him, all I could think to myself was, 'So this is what the professor looks like.

Stephan Pastis

Dear Angel Juan, You used to guard my sleep like a panther biting back my pain with the edge of your teeth. You carried me into the dark dream jungle, loping past the hungry vines, crossing the shiny fish-scale river. We left my tears behind in a chiming silver pool. We left my sorrow in the muddy hollows. When I woke up you were next to me, damp and matted, your eyes hazy, trying to remember the way I clung to you, how far down we went. Was the journey too far, Angel Juan? Did we go too far?

Francesca Lia Block

A Quote by Seth Klarman

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