A Quote by Seth Klarman

Avoiding where others go wrong is an important step in achieving investment success. In fact, it almost assures it. — © Seth Klarman
Avoiding where others go wrong is an important step in achieving investment success. In fact, it almost assures it.
While knowing how to value businesses is essential for investment success, the first and perhaps most important step in the investment process is knowing where to look for opportunities
Setting goals is the first important step in achieving success in an activity. It's a reminder of what you are working towards.
While I started out with a vague understanding that diversity would be important, my own observations have led me to realize that achieving greater levels of diversity is in fact vital to our long-term success.
I go back to [the idea] that we are avoiding all of these unknowns, we're avoiding the night - most of us - we're avoiding the encounters, but we're also afraid to deal with something unknown, unseen.
There's nothing wrong with being an actor, if that's what a man wants. But there's everything wrong with achieving an exalted status, simply because one photographs well and is able to handle dialogue put in one's mouth by others.
A key ingredient to achieving your goals is to make sure your goals are totally congruent with who you are as a person. Your head and hearts desire must match. It's such an important step in goal achievement and if we miss it, we can end up travelling a long way down the wrong path!
ONE OF THE GREATEST EXPERIENCES IN LIFE IS ACHIEVING PERSONAL GOALS THAT OTHERS SAID WOULD BE, 'IMPOSSIBLE TO ATTAIN.' BE PROUD OF YOUR SUCCESS AND SHARE YOUR STORY WITH OTHERS.
It's not just about achieving success; the journey is equally important for me.
Most people yearn to contribute, make the world a better place and have success.... all at the same time... Make sure to give your business a background, a mission and a story. That might be the most important step part of any venture. And remember, giving may be the best investment you ever make.
The time spent identifying your base of contacts is an investment in your success and the success of others with whom you share your resources.
Success can breed all kinds of other behavior and cause companies to behave a certain way that isn't necessarily the ingredients for achieving more success. For instance, with success comes arrogance, and that's typically the death of success.
Achieving life is not the equivalent of avoiding death.
Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.
Entrepreneurship is like a computer game in which you have to master every level before achieving success. Startups repeatedly stumble and have to go back to the drawing board. The best way to skip some levels and to increase the odds of survival is to learn from others who have already played the game.
Engineering is achieving function while avoiding failure.
The fact that there could be an ISIS West Bank, the fact that the Palestinian government in Gaza doesn't even acknowledge Israel's right to exist, the fact of constant terror, delegitimization campaigns in the Palestinian schools, these are all much bigger facts. And for the Barack Obama administration to focus on this one fact, almost, not to the expense, but to diminish some of the others which are much more important, is to cast all the blame on Israel and to take the U.N. policy toward Israel, which has been longstanding, and sort of surrender to it.
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