A Quote by Seth Klarman

Value investing by its very nature is contrarian. — © Seth Klarman
Value investing by its very nature is contrarian.

Quote Topics

Value investing is at its core the marriage of a contrarian streak and a calculator.
All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock.
[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening).
The best opportunities are often ones where you're being contrarian. That doesn't mean being contrarian for contrarian's sake, but it means you're thoughtful about the risks of following the crowd.
The exact details of how you practice value investing will vary investor to investor, but the fundamental principle of scouring the world, looking for dollar bills that you can buy for 50 cents or at some big discount - that is universal to value investing.
What's in my mind is that I'm investing in people. It might be through a building or a program, but I'm investing in people. And the people that I'm investing in are underprivileged or hold a core value that I believe in.
The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing.
Most people aren't cut out for value investing, because human nature shrinks from pain.
The only intelligence investing is value investing...to acquire more than one is paying for.
Successful contrarian investing requires us to live with discomfort, for being "wrong" and alone. But bargains do not exist in the absence of fear.
All the publicity about value investing - it's become a very popular thing.
It’s actually pretty easy to be contrarian. It’s hard to be contrarian and right.
To be a contrarian, you've got to be a contrarian against your own people.
All sensible investing is value investing
I think very early on, my sisters and I understood the value of nature and what it can do for us, and that we are part of nature. Even if we are all seemingly intelligent beings and we're at the top of the food chain, that doesn't mean that we have to remove ourselves from nature.
The New Age movement, for all the validity of its protest and the value of some of its recommendations, is in truth a very old blind alley. There is a very long history to remind us of what happens when nature is our ultimate point of reference . . . . Nature knows no ethics. There is no right and wrong in nature; the controlling realities are power and fertility.
This site uses cookies to ensure you get the best experience. More info...
Got it!