A Quote by Seth Klarman

One thing I want to emphasize is that, like any human being, we can discuss our view of the economy and the market. Fortunately for our clients, we don't tend to operate based on the view. Our investment strategy is to invest bottom up, one stock at a time, based on price compared to value. And while we may have a macro view that things aren't very good right now - which in fact we feel very strongly we will put money to work regardless of that macro view if we find bargains. So tomorrow, if we found half a dozen bargains, we would invest all our cash.
Just as our view of work affects our real experience of it, so too does our view of leisure. If our mindset conceives of free time, hobby time, or family time as non-productive, then we will, in fact, make it a waste of time.
To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices.
Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
It's very hard in our adversarial society to find a third view. Take journalism, where everything is always presented as one person against another: "Now we're going to hear the opposing view." There is never a third view.
Most of us human beings tend to be parochial in our perceptions. What happens is that we have a very limited and narrow view of our self interest and do not adequately weight the price that has to be paid on the other side for any of these measures we are promoting.
We somehow believe that our point of view is superior, higher than those of the greatest minds either because our point of view is that of our time, and our time, being later than the time of the greatest minds, can be presumed to be superior to their times; or else because we believe that each the greatest minds was right from his point of view, but not, as he claims, simply right.
It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress. In the process by which opinion is formed, it is very probable that, by the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond the point which the majority have reached. It is because we do not yet know which of the many competing new opinions will prove itself the best that we wait until it has gained sufficient support.
Coloradans want to take the long view and invest in our state's future. We know that to do this, we cannot neglect our schools.
The thing that concerns me more than anything is when anybody becomes closed off and exclusive of other people's ideas. All of our brains are in the same mode of searching when trying to understand reality, and when we come to a belief system that makes sense to us we hold it strongly, whether it's an atheist view, or a Christian view, or a Muslim view, whatever, then it's very hard to let go and I think it's so important to try to foster dialogue.
My main professional interest during the 1970s has been in the dramatic change of concepts and ideas that has occurred in physics during the first three decades of the century, and that is still being elaborated in our current theories of matter. The new concepts in physics have brought about a profound change in our world view; from the mechanistic conception of Descartes and Newton to a holistic and ecological view, a view which I have found to be similar to the views of mystics of all ages and traditions.
Creatures of a very particular making, we need to know the cultural blinders that narrow our world view as well as the psychological blinders that narrow our view of our personal experience.
'We live' writes Pursewarden somewhere 'lives based upon selected fictions. Our view of reality is conditioned by our position in space and time — not by our personalities as we like to think. Thus every interpretation o? reality is based upon a unique position. Two paces east or west and the whole picture is changed.
Obama specializes in knocking down straw men. 'I reject the view that says our problems will simply take care of themselves,' he said, implying that's the view of Republicans. It's the view of almost no one.
She is not being preferenced - she's not on our preference card because Pauline Hanson's view of Australia is basically a very - it's a very old view.
I don't think I'm as educated as Whoopi, so I'm lifting myself to her level. But you know, our view of the world, our view of what we can do, our sense of what it means to be here, are similar.
Our view of nature will influence the way we treat nature, and our view of human nature will affect our understanding of human responsibility.
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