Determination Quote by David Einhorn

Value investing is simple to understand but difficult to implement. Value investors are not supersophisticated analytical wizards who create and apply intricate computer models…

— Seth Klarman

Some people always know the price, but not the value

— Oscar Wilde

When something looks cheap, it looks cheap and that is all, and there is no justification for this cheapness.

— Ilkin Santak

Basically, we try to buy value expressed in the differential between its price and what we think its worth.

— Walter Schloss

The entire pursuit of value investing requires you to see where the crowd is wrong so that you can profit from their misperceptions.

— Guy Spier

Value investing by its very nature is contrarian.

— Seth Klarman

“Price mostly meanders around recent price until a big shift in opinion occurs, causing price to jump up or down. This is crudely modeled…

— Nick Gogerty

While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need…

— Seth Klarman

Cheap money feels like the most natural thing in the world - if you don't think about why it's so cheap.

— John Lanchester

I never confuse the cost of something with its value

— Robin Hobb

It is important to remember that value investing is not a perfect science. It is an, with an ongoing need for judgment, refinement, patience,…

— Seth Klarman

For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.

— Warren Buffett