A Quote by Seth Klarman

The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent.

Seth Klarman

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Bent Comfortable Consensus Investors Majority Overwhelming People Successful Tend

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Seth Klarman
American - Author
Born: May 21, 1957

But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend not to be too guilty about winning.

Andrew Tobias

You ought not to accept the claim that this is a religious practice. I think that's, frankly, problematic for Islam, for well-intentioned Liberals like you to say that this is a religious practice when the overwhelming consensus of Islamic scholars around the world, and the overwhelming majority of Canadian Muslims, believe this has absolutely - that the niqab as face covering, that this symbol of misogyny has nothing to do with Islam.

Jason Kenney

Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own analysis and judgement, they respond to market forces not with blind emotion but with calculated reason. Successful investors, for example, demonstrate caution in frothy markets and steadfast conviction in panicky ones. Indeed, the very way an investor views the market and it’s price fluctuations is a key factor in his or her ultimate investment success or failure.

Seth Klarman

Now, in practice, in daily social interactions, etc., there may be all kinds of biases and prejudices that are unspoken, that people aren't aware of, that affect who's hired, and who gets loans, and how kids are treated in school. But it's a powerful thing if you have on your side an idea that the overwhelming majority of people believe in because that's how you can build a consensus that's lasting.

Barack Obama

There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of successful investing. But in the never-ending quest for the next great idea, investors often give short shrift to their existing investments.

Whitney Tilson

There has to be a national consensus. We cannot legislate without overwhelming national consensus that religious and communal groups should be totally banned from politics.

Rajiv Gandhi

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.

David Sze

To be a contrarian, you've got to be a contrarian against your own people.

James Carville

The modern susceptibility to conformity and obedience to authority indicates that the truth endorsed by authority is likely to be accepted as such by a majority of people, who are innately obedient to authority. This obedience-truth will then become a consensus-truth accepted by many individuals unable to stand alone against the majority. In this way, the truth promulgated by the propaganda system - however irrational - stands a good chance of becoming the consensus, and may come to seem self-evident common sense.

David Edward

This has been the new normal since September 11. Everyone knows, but nobody says, that if something happens again, the elite consensus in this country, and the overwhelming consensus of the citizenry, will be to pitch the Bill of Rights out the window and start rounding folks up.

Charlie Pierce

If you have an overwhelming majority of one sex over the other, and clearly in our case at the moment - and it has been like this for a long time - it is male over female, you tend to have group thinking. You tend to have common references, combined with competition, combined in this case with testosterone. I'm not suggesting it's a toxic mix, but I'm saying it needs to be tempered and altered and modified and made better by diversity.

Christine Lagarde

The majority never has right on its side. Never, I say! That is one of these social lies against which an independent, intelligent men must wage war. Who is it that constitute the majority of the population in a country? Is it the clever folk, or the stupid? I don't imagine you will dispute the fact that at present the stupid people are in an absolutely overwhelming majority all the world over.

Henrik Ibsen

One of the primary tests of the mood of a society at any given time is whether its comfortable people tend to identify, psychologically, with the power and achievements of the very successful or with the needs and sufferings of the underprivileged.

Richard Hofstadter

Global warming activists claim a serious public concern presently exists and the overwhelming majority of scientists agrees humans are creating a global warming crisis. The survey of AMS meteorologists, however, shows no such overwhelming majority exists. Indeed, to the extent we can assign a majority scientific opinion to whether all the necessary components of a global warming crisis exist, the AMS survey shows the majority does not agree humans are creating a global warming crisis.

James Taylor

I have this idea of a Taiwan Consensus, which means people in Taiwan have to get together and form a consensus of their own and that they turn around to talk to the Chinese to form a cross-strait consensus so we can build a relationship on that consensus. And in my view, that is the right order to do things.

Tsai Ing-wen

Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about to kick in.

Barry Ritholtz

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