“While it might seem that anyone can be a value investor, the essential characteristics of this type of investor-patience, discipline, and risk aversion-may well be genetically determined.”
Quote by Seth Klarman
Author
Seth Klarman
Seth Klarman is an American author and value investor, serving as the president of The Baupost Group, a Boston-based investment firm. He is renowned for his extensive contributions to the field of value investing and has authored several books on the subject, most notably 'Margin of Safety: Risk-Averse Investing Strategies for the Thoughtful Investor'. more
You May Also Like
“Generally, the greater the stigma or revulsion, the better the bargain.”
“Investing is the intersection of economics and psychology.”
“Value investing is at its core the marriage of a contrarian streak and a calculator.”
Source: The Intelligent Investor, Rev. Ed
Source: The Intelligent Investor: A Book of Practical Counsel
“In the short run, the market is a voting machine, but in the long run it is a weighing machine.”
Source: The Intelligent Investor: A Book of Practical Counsel