A Quote by Seth Klarman

Graham's wonderful sentence as, an investor needs only two things: cash and courage. Having only one of them is not enough.

Seth Klarman

Quote Topics

Cash Courage Enough Graham Having Investor Needs Only Sentence Them Things Two Two Things Wonderful

Quote Author

Seth Klarman
American - Author
Born: May 21, 1957

In an ideal world, the intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, then duck into the bunker of bonds and cash until stocks again become cheap enough to buy.

Benjamin Graham

Entrepreneursh ip is a great leveller, since having the benefit of a wealthy background or a generous investor isn't always an advantage. The wonderful thing is that money is not the sole currency when it comes to starting a business; drive, determination, passion and hard work are all free and more valuable than a pot of cash.

Richard Branson

Curiously enough, the only two plays that I've done very much revision on were the two adaptations - even though the shape of them was pretty much determined by the original work. With my own plays, the only changes, aside from taking a speech out here, putting one in there (if I thought I dwelled on a point a little too long or didn't make it explicit enough), are very minor; but even though they're very minor - having to do with the inability of actors or the unwillingness of the director to go along with me - I've always regretted them.

Edward Albee

In playing ball, and in life, a person occasionally gets the opportunity to do something great. When that time comes, only two things matter: being prepared to seize the moment and having the courage to take your best swing.

Hank Aaron

I believe that the only courage anybody ever needs is the courage to follow your own dreams.

Oprah Winfrey

I am interested in the shape of ideas even if I do not believe in them. There is a wonderful sentence in Augustine . . . "Do not despair: one of the thieves was saved; do not presume: one of the thieves was damned." That sentence had a wonderful shape. It is the shape that matters.

Samuel Beckett

Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.

Warren Buffett

No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on what Graham called the "margin of safety" - never overpaying, no matter how exciting an investment seems to be - can you minimize your odds of error.

Benjamin Graham

Only the #? gospel can do two seemingly contradictory things: destroy pride and increase courage.

John Piper

If a writer of prose knows enough about what he is writing about he may omit things that he knows and the reader, if the writer is writing truly enough, will have a feeling of those things as strongly as though the writer had stated them. The dignity of movement of an iceberg is due to only one-eighth of it being above water. A writer who omits things because he does not know them only makes hollow places in his writing.

Ernest Hemingway

A tiger only needs three things to be comfortable. Lots of food, sleep, and...actually, no it's just those two things.

Colleen Houck

You've got to follow your passion. You've got to figure out what it is you love--who you really are. And have the courage to do that. I believe that the only courage anybody ever needs is the courage to follow your own dreams.

Oprah Winfrey

Here’s how to know if you have the makeup to be an investor. How would you handle the following situation? Let’s say you own a Procter & Gamble in your portfolio and the stock price goes down by half. Do you like it better? If it falls in half, do you reinvest dividends? Do you take cash out of savings to buy more? If you have the confidence to do that, then you’re an investor. If you don’t, you’re not an investor, you’re a speculator, and you shouldn’t be in the stock market in the first place.

Seth Klarman

When you first meet an investor, you've got to be able to say in one compelling sentence - that you should practice like crazy - what your product does, so that the investor that you are talking to can immediately picture the product in their own mind.

Ron Conway

If I try to make only enough money for my family' immediate needs, it may violate Scripture. ...Even though earning just enough to meet the needs of my family may seem non materialistic, it's actually selfish when I could earn enough to care for others as well.