A Quote by Seth Klarman

There is an old saying, "How did you go bankrupt?" And the answer is, "Gradually, and then suddenly." The impending fiscal crisis in the United States will make its appearance in the same way.
How did you go bankrupt?" Two ways. Gradually, then suddenly.
The country is facing a fiscal crisis, and the United States Senate is at the center of the debate about how to bring federal spending under control.
Any time I was at Trader Joes, and the person bagging my stuff would be like, 'Did I go to college with you? How do I know you?' Then it took awhile, and suddenly people were like, 'Oh, you are the girl from 'United States of Tara.'
There is a classic moment in ‘The Sun Also Rises’ when someone asks Mike Campbell how he went bankrupt, and all he can say in response is, “Gradually and then suddenly.” When someone asks how I lost my mind, that’s all I can say too.
If it is necessary we will find a quick answer and it will not be the way the United States expects it. It will be an answer that devalues the 'Star Wars' program.
In 50 years, no one will care about the fiscal cliff or the Euro crisis. They'll just ask, "So the Arctic melted, and then what did you do?"
You can go back 150 years and literally find the same people saying the same thing in the same way. "If we have to pay you more, it will be bad for you." And that's because saying that is a much more polite way of saying, "I'm rich, you're poor, and I would prefer to keep it that way."
Go back to - my first campaign for the United States Senate. I got a bunch of people now talking about inequality. But back then they sure weren't. Back then, folks were saying I was preaching class warfare. Now it's suddenly their campaign platform.
Mark my words.It will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking. We're about to elect a brilliant 47-year-old senator president of the United States of America. Remember I said it standing here if you don't remember anything else I said. Watch, we're gonna have an international crisis, a generated crisis, to test the mettle of this guy.
Barclays Bank in England purchased bankrupt Lehman Brothers Tuesday along with its Manhattan tower, saving nine thousand jobs. It's humiliating. The United States of America is 232 years old and we're having to go to mom for money.
You may wonder, 'How can I leave it all behind if I am just coming back to it? How can I make a new beginning if I simply return to the old? The answer lies in the return. You will not come back to the 'same old thing. What you return to has changed because you have changed. Your perceptions will be altered. You will not incorporate into the same body, status, or world you left behind. The river has been flowing while you were gone. Now it does not look like the same river.
I believe that if we do not prevent Medicare from going bankrupt, it will go bankrupt. And that will be bad for everybody. We have to tackle our debt crisis. We have to tackle the drivers of our debt.
How did we go bankrupt? Two ways. Slowly, and then all of a sudden.
I represent a party which does not yet exist: the party Revolution-Civilization. This party will make the twentieth century. There will issue from it first the United States of Europe, then the United States of the World.
Old lovers go the way of old photographs, bleaching out gradually as in a slow bath of acid: first the moles and pimples, then the shadings. Then the faces themselves, until nothing remains but the general outlines.
When the President of the United States attacks a movie star it is undignified and it casts a poor light on the United States of America. When the President of the United States attacks a sitting judge and questions his legitimacy, that actually can lead to a Constitutional crisis.
This site uses cookies to ensure you get the best experience. More info...
Got it!