--- title: "Best Investing Quotations by Seth Klarman" description: "130 Investing quotes by Seth Klarman. Plus more from Seth Klarman and more Investing sayings from other authors." image: "https://sms4smile.com/quotes/i/0d8/seth-klarman-1979_achieve_to-achieve-long-term-success-over-many-f_1032818.jpg" --- > [To achieve long-term success over many financial market and economic cycles, observing a few rules is not enough. Too many things change…](https://sms4smile.com/quotes/seth-klarman/to-achieve-long-term-success-over-many-financial-market-and-economic/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/0d8/seth-klarman-1979_achieve_to-achieve-long-term-success-over-many-f_1032818.jpg) > [Value investing is simple to understand but difficult to implement. Value investors are not supersophisticated analytical wizards who create and apply intricate…](https://sms4smile.com/quotes/seth-klarman/value-investing-is-simple-to-understand-but-difficult-to-implement/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/773/seth-klarman-1979_attractive_value-investing-is-simple-to-understand_1411901.png) > [Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in…](https://sms4smile.com/quotes/seth-klarman/successful-investors-tend-to-be-unemotional-allowing-the-greed-and/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/bf2/seth-klarman-1979_allowing_successful-investors-tend-to-be-unemotio_2446259.jpg) > [If an asset has cash flow or the likelihood of cash flow in the near term and is not purely dependment on…](https://sms4smile.com/quotes/seth-klarman/if-an-asset-has-cash-flow-or-the-likelihood-of-cash-flow-in-the-near/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/aa7/seth-klarman-1979_amount_if-an-asset-has-cash-flow-or-the-likelih_765836.png) > [If you are predisposed to be patient, disciplined and psychologically appreciate the idea of buying bargains, then you're likely to be good…](https://sms4smile.com/quotes/seth-klarman/if-you-are-predisposed-to-be-patient-disciplined-and-psychologically/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/ba6/seth-klarman-1979_action_if-you-are-predisposed-to-be-patient-dis_1586965.jpg) > [Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably…](https://sms4smile.com/quotes/seth-klarman/do-not-accept-principal-risk-while-investing-short-term-cash-the/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/128/seth-klarman-1979_accepting_do-not-accept-principal-risk-while-inves_1784291.png) > [Frequent comparative ranking can only reinforce a short-term investment perspective. It is understandably difficult to maintain a long-term view when, faced with…](https://sms4smile.com/quotes/seth-klarman/frequent-comparative-ranking-can-only-reinforce-a-short-term/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/805/seth-klarman-1979_attractiveness_frequent-comparative-ranking-can-only-re_3193903.jpg) > [Here’s how to know if you have the makeup to be an investor. How would you handle the following situation? Let’s say…](https://sms4smile.com/quotes/seth-klarman/here-s-how-to-know-if-you-have-the-makeup-to-be-an-investor-how-would/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/c12/seth-klarman-1979_cash_here-s-how-to-know-if-you-have-the-makeu_1974364.jpg) > [Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The…](https://sms4smile.com/quotes/seth-klarman/investors-frequently-benefit-from-making-decisions-with-less-than/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/051/seth-klarman-1979_benefits_investors-frequently-benefit-from-making_1692253.png) > [The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the…](https://sms4smile.com/quotes/seth-klarman/the-risk-of-an-investment-is-described-by-both-the-probability-and/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Image](https://sms4smile.com/quotes/i/5b3/seth-klarman-1979_adverse_the-risk-of-an-investment-is-described-b_3211483.jpg) ## Other authors on Investing - [Warren Buffett 372 quotes](https://sms4smile.com/quotes/about/investing/warren-buffett/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-benjamin-graham-17141.jpg) Benjamin Graham 175 quotes ](https://sms4smile.com/quotes/about/investing/benjamin-graham/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b006/author-charlie-munger-22764.jpg) Charlie Munger 120 quotes ](https://sms4smile.com/quotes/about/investing/charlie-munger/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b019/author-peter-lynch-74937.jpg) Peter Lynch 110 quotes ](https://sms4smile.com/quotes/about/investing/peter-lynch/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b013/author-john-c-bogle-51066.jpg) John C. Bogle 90 quotes ](https://sms4smile.com/quotes/about/investing/john-c-bogle/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b024/author-walter-schloss-94449.jpg) Walter Schloss 89 quotes ](https://sms4smile.com/quotes/about/investing/walter-schloss/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b010/author-george-soros-37989.jpg) George Soros 79 quotes ](https://sms4smile.com/quotes/about/investing/george-soros/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b020/author-robert-kiyosaki-79933.jpg) Robert Kiyosaki 70 quotes ](https://sms4smile.com/quotes/about/investing/robert-kiyosaki/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b020/author-ray-dalio-77503.jpg) Ray Dalio 69 quotes ](https://sms4smile.com/quotes/about/investing/ray-dalio/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b016/author-ludwig-von-mises-61872.jpg) Ludwig von Mises 63 quotes ](https://sms4smile.com/quotes/about/investing/ludwig-von-mises/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b017/author-michael-lewis-67263.jpg) Michael Lewis 56 quotes ](https://sms4smile.com/quotes/about/investing/michael-lewis/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-barack-obama-16275.jpg) Barack Obama 56 quotes ](https://sms4smile.com/quotes/about/investing/barack-obama/) ## More by Seth Klarman > [Unlike return, however, risk is no more quantifiable at the end of an investment that it was at its beginning. Risk simply cannot be…](https://sms4smile.com/quotes/seth-klarman/unlike-return-however-risk-is-no-more-quantifiable-at-the-end-of-an/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees…](https://sms4smile.com/quotes/seth-klarman/because-investors-are-not-usually-penalized-for-adhering-to/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Value investing is risk aversion.](https://sms4smile.com/quotes/seth-klarman/value-investing-is-risk-aversion/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Be focused on process and not outcome](https://sms4smile.com/quotes/seth-klarman/be-focused-on-process-and-not-outcome/) [Seth Klarman](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/seth-klarman/there-is-an-old-saying-how-did-you-go-bankrupt-and-the-answer-is/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the…](https://sms4smile.com/quotes/seth-klarman/in-a-rising-market-everyone-makes-money-and-a-value-philosophy-is/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.](https://sms4smile.com/quotes/seth-klarman/ultimately-nothing-should-be-more-important-to-investors-than-the/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [The best protection against risk is knowing what you are doing.](https://sms4smile.com/quotes/seth-klarman/the-best-protection-against-risk-is-knowing-what-you-are-doing/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Warren Buffett once wrote that value investing is like an inoculation--it either takes or it doesn't--and when you explain to somebody what it is…](https://sms4smile.com/quotes/seth-klarman/warren-buffett-once-wrote-that-value-investing-is-like-an-inoculation/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [It is important to remember that value investing is not a perfect science. It is an, with an ongoing need for judgment, refinement, patience,…](https://sms4smile.com/quotes/seth-klarman/it-is-important-to-remember-that-value-investing-is-not-a-perfect/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Value investing is at its core the marriage of a contrarian streak and a calculator.](https://sms4smile.com/quotes/seth-klarman/value-investing-is-at-its-core-the-marriage-of-a-contrarian-streak/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [The avoidance of loss is the surest way to ensure a profitable outcome.](https://sms4smile.com/quotes/seth-klarman/the-avoidance-of-loss-is-the-surest-way-to-ensure-a-profitable-outcome/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Do not suffer interim losses, relish and appreciate them](https://sms4smile.com/quotes/seth-klarman/do-not-suffer-interim-losses-relish-and-appreciate-them/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Ratings agencies are highly conflicted, unimaginative dupes. They are blissfully unaware of adverse selection and moral hazard. Investors should never trust them.](https://sms4smile.com/quotes/seth-klarman/ratings-agencies-are-highly-conflicted-unimaginative-dupes-they-are/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [It is crucial to have a strategy in place before problems hit, precisely because no one can accurately predict the future direction of the…](https://sms4smile.com/quotes/seth-klarman/it-is-crucial-to-have-a-strategy-in-place-before-problems-hit/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/investing/seth-klarman/#itemlist", "name": "Best Investing Quotations by Seth Klarman", "numberOfItems": 10, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "To achieve long-term success over many financial market and economic cycles, observing a few rules is not enough. 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Value investors are not supersophisticated analytical wizards who create and apply intricate computer models to find attractive opportunities or assess underlying value. The hard part is discipline, patience, and judgment. Investors need discipline to avoid the many unattractive pitches that are thrown, patience to wait for the right pitch, and judgment to know when it is time to swing.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/value-investing-is-simple-to-understand-but-difficult-to-implement/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/773/seth-klarman-1979_attractive_value-investing-is-simple-to-understand_1411901.png", "contentUrl": "https://sms4smile.com/quotes/i/773/seth-klarman-1979_attractive_value-investing-is-simple-to-understand_1411901.png", "url": "https://sms4smile.com/quotes/i/773/seth-klarman-1979_attractive_value-investing-is-simple-to-understand_1411901.png", "width": 1080, "height": 1080, "caption": "“Value investing is simple to understand but difficult to implement. Value investors are not…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/successful-investors-tend-to-be-unemotional-allowing-the-greed-and/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bf2/seth-klarman-1979_allowing_successful-investors-tend-to-be-unemotio_2446259.jpg", "contentUrl": "https://sms4smile.com/quotes/i/bf2/seth-klarman-1979_allowing_successful-investors-tend-to-be-unemotio_2446259.jpg", "url": "https://sms4smile.com/quotes/i/bf2/seth-klarman-1979_allowing_successful-investors-tend-to-be-unemotio_2446259.jpg", "width": 1080, "height": 1080, "caption": "“Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 4, "item": { "@type": "Quotation", "text": "If an asset has cash flow or the likelihood of cash flow in the near term and is not purely dependment on what a future buyer might pay, then it's an investment. If an asset's value is totally dependent on the amount a future buyer might pay, then its purchase is speculation.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/if-an-asset-has-cash-flow-or-the-likelihood-of-cash-flow-in-the-near/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/aa7/seth-klarman-1979_amount_if-an-asset-has-cash-flow-or-the-likelih_765836.png", "contentUrl": "https://sms4smile.com/quotes/i/aa7/seth-klarman-1979_amount_if-an-asset-has-cash-flow-or-the-likelih_765836.png", "url": "https://sms4smile.com/quotes/i/aa7/seth-klarman-1979_amount_if-an-asset-has-cash-flow-or-the-likelih_765836.png", "width": 1080, "height": 1080, "caption": "“If an asset has cash flow or the likelihood of cash flow in the near term and is not purely dependment on…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 5, "item": { "@type": "Quotation", "text": "If you are predisposed to be patient, disciplined and psychologically appreciate the idea of buying bargains, then you're likely to be good at it. If you have a need for action, if you want to be involved in the new and exciting technological breakthroughs of our time, that's great, but you're not a value investor, and you shouldn't be one.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/if-you-are-predisposed-to-be-patient-disciplined-and-psychologically/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ba6/seth-klarman-1979_action_if-you-are-predisposed-to-be-patient-dis_1586965.jpg", "contentUrl": "https://sms4smile.com/quotes/i/ba6/seth-klarman-1979_action_if-you-are-predisposed-to-be-patient-dis_1586965.jpg", "url": "https://sms4smile.com/quotes/i/ba6/seth-klarman-1979_action_if-you-are-predisposed-to-be-patient-dis_1586965.jpg", "width": 1080, "height": 1080, "caption": "“If you are predisposed to be patient, disciplined and psychologically appreciate the idea of buying…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/do-not-accept-principal-risk-while-investing-short-term-cash-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/128/seth-klarman-1979_accepting_do-not-accept-principal-risk-while-inves_1784291.png", "contentUrl": "https://sms4smile.com/quotes/i/128/seth-klarman-1979_accepting_do-not-accept-principal-risk-while-inves_1784291.png", "url": "https://sms4smile.com/quotes/i/128/seth-klarman-1979_accepting_do-not-accept-principal-risk-while-inves_1784291.png", "width": 1080, "height": 1080, "caption": "“Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "Frequent comparative ranking can only reinforce a short-term investment perspective. It is understandably difficult to maintain a long-term view when, faced with the penalties for poor short-term performance, the long-term view may well be from the unemployment line ... Relative-performance-oriented investors really act as speculators. Rather than making sensible judgments about the attractiveness of specific stocks and bonds, they try to guess what others are going to do and then do it first.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/frequent-comparative-ranking-can-only-reinforce-a-short-term/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/805/seth-klarman-1979_attractiveness_frequent-comparative-ranking-can-only-re_3193903.jpg", "contentUrl": "https://sms4smile.com/quotes/i/805/seth-klarman-1979_attractiveness_frequent-comparative-ranking-can-only-re_3193903.jpg", "url": "https://sms4smile.com/quotes/i/805/seth-klarman-1979_attractiveness_frequent-comparative-ranking-can-only-re_3193903.jpg", "width": 1080, "height": 1080, "caption": "“Frequent comparative ranking can only reinforce a short-term investment perspective. It is understandably…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "Here’s how to know if you have the makeup to be an investor. How would you handle the following situation? Let’s say you own a Procter & Gamble in your portfolio and the stock price goes down by half. Do you like it better? If it falls in half, do you reinvest dividends? Do you take cash out of savings to buy more? If you have the confidence to do that, then you’re an investor. If you don’t, you’re not an investor, you’re a speculator, and you shouldn’t be in the stock market in the first place.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/here-s-how-to-know-if-you-have-the-makeup-to-be-an-investor-how-would/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c12/seth-klarman-1979_cash_here-s-how-to-know-if-you-have-the-makeu_1974364.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c12/seth-klarman-1979_cash_here-s-how-to-know-if-you-have-the-makeu_1974364.jpg", "url": "https://sms4smile.com/quotes/i/c12/seth-klarman-1979_cash_here-s-how-to-know-if-you-have-the-makeu_1974364.jpg", "width": 1080, "height": 1080, "caption": "“Here’s how to know if you have the makeup to be an investor. How would you handle the following situation?…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy into situations at prices so low they offer a margin of safety despite the incomplete information", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/investors-frequently-benefit-from-making-decisions-with-less-than/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/051/seth-klarman-1979_benefits_investors-frequently-benefit-from-making_1692253.png", "contentUrl": "https://sms4smile.com/quotes/i/051/seth-klarman-1979_benefits_investors-frequently-benefit-from-making_1692253.png", "url": "https://sms4smile.com/quotes/i/051/seth-klarman-1979_benefits_investors-frequently-benefit-from-making_1692253.png", "width": 1080, "height": 1080, "caption": "“Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "url": "https://sms4smile.com/quotes/seth-klarman/the-risk-of-an-investment-is-described-by-both-the-probability-and/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/5b3/seth-klarman-1979_adverse_the-risk-of-an-investment-is-described-b_3211483.jpg", "contentUrl": "https://sms4smile.com/quotes/i/5b3/seth-klarman-1979_adverse_the-risk-of-an-investment-is-described-b_3211483.jpg", "url": "https://sms4smile.com/quotes/i/5b3/seth-klarman-1979_adverse_the-risk-of-an-investment-is-described-b_3211483.jpg", "width": 1080, "height": 1080, "caption": "“The risk of an investment is described by both the probability and the potential amount of loss. The risk of…” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/investing/seth-klarman/page/4/#webpage", "url": "https://sms4smile.com/quotes/about/investing/seth-klarman/page/4/", "name": "Investing Quotes by Seth Klarman · Page 4", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/investing/seth-klarman/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/0d8/seth-klarman-1979_achieve_to-achieve-long-term-success-over-many-f_1032818.jpg" }, "description": "130 Investing quotes by Seth Klarman. 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