A Quote by Seth Klarman

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

Seth Klarman

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Businesses Essential First How Important Investment Investment Success Knowing Look Most Opportunities Perhaps Process Step Success Value While

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Seth Klarman
American - Author
Born: May 21, 1957

Value in relation to price, not price alone, must determine your investment decisions. If you look to Mr Market as a creator of investment opportunities (where price departs from underlying value), you have the makings of a value investor. If you insist on looking to Mr Market for investment guidance however, you are probably best advised to hire someone else to manage your money.

Seth Klarman

One of the most important analytic tools when assessing an investment is an intellectually advantaged disparate view. This includes knowing more and perceiving the situation better than others do. It is also critical to have a keen understanding of what the market expectations for any investment truly are. Thus, the process by which a disparate perception, when correct, becomes consensus should lead to meaningful profit. Understanding market expectation is at least as important as, and often different from fundamental knowledge.

Michael Steinhardt

These results add up to perhaps the most important investment lesson of all that can be drawn from this week's market anniversaries: Predicting turns in the market is incredibly difficult to do consistently well. That means that, if your investment strategy going forward is dependent on your anticipating major market turning points, your chances of success are extremely low.

Mark Hulbert

There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.

Warren Buffett

Success is a an attitude and state of mind where I feel the exhilaration of knowing that I made a difference for many, did this doing what I love, and maing alot of money in the process so I get to experience many things in this extraordinary world. The most important part of success is a deep knowing that I made a difference for others.

Nancy Fox

There has almost never been a period of substantial economic growth in the United States without significant investment. And no investment pays off within the same cycle. No investment pays off within the same year - especially a governmental investment. Even businesses don't work that way.

Alexandria Ocasio-Cortez

But a lot of businesses out there don't see the return on investment, they look at it as a liability, and until they can understand that proactive security actually returns, gives them a return on investment, it's still a hard sell for people.

Kevin Mitnick

By diminishing the value of silence, publicity has also diminished that of language. The two are inseparable: knowing how to speak has always meant knowing how to keep silent, knowing that there are times when one should say nothing.

Octavio Paz

Knowing the strike zone is very important, but I think the first thing is knowing yourself, knowing what things you do well.

Tony Gwynn

Avoiding where others go wrong is an important step in achieving investment success. In fact, it almost assures it.

Seth Klarman

Leadership is knowing what to do next, knowing why that's important, and knowing how to bring the appropriate resources to bear on the need at hand.

Bobb Biehl

While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology.

Seth Klarman

History is for human self-knowledge. Knowing yourself means knowing, first, what it is to be a person; secondly, knowing what it is to be the kind of person you are; and thirdly, knowing what it is to be the person you are and nobody else is. Knowing yourself means knowing what you can do; and since nobody knows what they can do until they try, the only clue to what man can do is what man has done. The value of history, then, is that it teaches us what man has done and thus what man is.

Robin G. Collingwood

Once you adopt a value-investment strategy, any other investment behavior starts to seem like gambling.

Seth Klarman

We monitor close to 50 companies globally that can be potential investment opportunities. I'd like to see DST as a significant global investment company in the Internet arena.

Yuri Milner

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.

Blake Mycoskie

A Quote by Seth Klarman

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