Home / Quotes / Quote by Seth Klarman

Quote by Seth Klarman

“My view is that an investor is better off knowing a lot about a few investments than knowing a little about each of a great many holdings. One's very best idea's are likely to generate higher returns for a given level of risk than one's hundredth or thousandth best idea.”

Quote by Seth Klarman

Author

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

“A simple rule applies: if you don't quickly comprehend what a company is doing, then management probably doesn't either.”

Ifs Simple Company Management

Author:Seth Klarman

“In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.”

Knows Trying Reality Waste Investing Wasting Time Predictions Undertakings

Author:Seth Klarman

“The avoidance of loss is the surest way to ensure a profitable outcome.”

Way Loss Outcomes Profitable Avoidance

Author:Seth Klarman

“Loss avoidance must be the cornerstone of your investment philosophy.”

Philosophy Loss Investment Avoidance Cornerstones

Author:Seth Klarman

“In contrast to the speculators preoccupation with rapid gain, value investors demonstrate their risk aversion by striving to avoid loss.”

Values Loss Risk Gains Strive Investors Contrast Rapids Preoccupation Aversion Speculators Risk Aversion

Author:Seth Klarman

“By investing at a discount, Benjamin Graham knew that he was unlikely to experience losses.”

Loss Investing Unlikely Discounts

Author:Seth Klarman

“When a Wall Street analyst or broker expresses optimism, investors must take it with a grain of salt.”

Streets Wall Optimism Investors Salt Grain Analysts Brokers Grain Of Salt

Author:Seth Klarman

“Analysts recommendations may not produce good results. In part this is due to the pressure placed on these analysts to recommend frequently rather than wisely.”

May Results Produce Pressure Dues Analysts Recommendations

Author:Seth Klarman

“Our parts matter because we matter.”

Author:Elaine S. Dalton

“I have a bunch of calendars I used before I went digital. Every once in a while, I'll open up one from 1991 and look at all the names and appointments and things that, at the time, seemed so important. Meetings that I was really worried about, things that I was getting calls four times a day about, and I wonder, "Where did it all go? Where are they now?" It's so strange, everything has disappeared. The only thing that stays behind is the work.”

Looks Important Used Names Behinds Wonder Four Strange Meetings Bunch Worried Digital Calendars Appointments

Author:Michael Bierut