A Quote by Seth Klarman

Almost every financial blow up is because of leverage. — © Seth Klarman
Almost every financial blow up is because of leverage.
Value investors have to be patient and disciplined, but what I really think is you need not to be greedy. If you're greedy and you leverage, you blow up. Almost every financial blow up is because of leverage.
I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
Financial innovation is an oxymoron. It's very rare that there is something that's actually financial innovation. It's a euphemism for hiding leverage.
We [USA] don't have diplomatic leverage to eliminate every vestige of a peaceful nuclear program in Iran. What we do have the leverage to do is to make sure that they don't have a weapon.
The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.
The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the world should control a little bit the banks' financing because they cannot bypass a certain range of leverage.
Financial leverage is the advantage the rich have over the poor and middle class.
At any time, somebody can blow themselves up and take Americans with them. They can blow up an airplane; they can crash an airplane. That's something we have to worry about every day - we spend 40 billion dollars yearly on homeland security. That has nothing to do with Crusades or any of that other nonsense.
You know, it's nothin' quick overnight. If anything happens to you quick, you need to start questioning that. You know, you hear young people go, aw, I'm gonna blow up. You gonna blow up but with a controlled explosion. Don't just blow up all over the place.
Hiring great people is almost the most important thing you can do as a leader because they enable you to scale, and they create better leverage for you and your time.
We need some leverage with the Russians, because they are not going to come to the negotiating table for a diplomatic resolution, unless there is some leverage over them.
Financial innovation can be highly dangerous, though almost no one will tell you this. New financial products are typically created for sunny days and are almost never stress-tested for stormy weather. Securitization is an area that almost perfectly fits this description; markets for securitized assets such as subprime mortgages completely collapsed in 2008 and have not fully recovered. Ironically, the government is eager to restore the securitization markets back to their pre-collapse stature.
Fling out, fling out, with cheer and shout, To all the winds of Our Country's Banner! Be every bar, and every star, Displayed in full and glorious manner! Blow, zephyrs, blow, keep the dear ensign flying! Blow, zephyrs, sweetly mournful, sighing, sighing, sighing!
Once you get to your forties or fifties in this society, very few people haven't had at least one body blow - financial, bankruptcy, divorce, relationship disaster, addiction, trouble with a child, trouble with a parent. Most people take some blow.
I think when you love a child, it's a different kind of love. You think, 'I love more every day. I love more every day, more every day, I couldn't possibly love any more, I'm going to blow up.' And then you blow up. Your chest actually starts to hurt. You love so much, you think I can't love any more.
I marked their location in case Kell wanted to blow them up or something.” “I don’t have to blow up everything I see. I just like to.
This site uses cookies to ensure you get the best experience. More info...
Got it!