--- title: "Meaning & Key Takeaway of: An accurate opinion on valuation, loosely…" description: "\"“An accurate opinion on valuation, loosely held, will be of limited help. An incorrect opinion on valuation, strongly held, is far worse. This one stat..." image: "https://sms4smile.com/quotes/i/e6c/howard-marks-18029_customer_an-accurate-opinion-on-valuation-loosely_632490.jpg" --- # An accurate opinion on valuation, loosely held, will be of… ![“An accurate opinion on valuation, loosely held, will be of limited help. An incorrect opinion on valuation, strongly held, is far worse. This one statement shows how hard it is to get it all right” quote by Howard Marks](https://sms4smile.com/quotes/i/e6c/howard-marks-18029_customer_an-accurate-opinion-on-valuation-loosely_632490.jpg) [Download](https://sms4smile.com/quotes/i/e6c/howard-marks-18029_customer_an-accurate-opinion-on-valuation-loosely_632490.jpg) [Open image](https://sms4smile.com/quotes/i/e6c/howard-marks-18029_customer_an-accurate-opinion-on-valuation-loosely_632490.jpg) > ““An accurate opinion on valuation, loosely held, will be of limited help. An incorrect opinion on valuation, strongly held, is far worse. This one statement shows how hard it is to get it all right”” [Howard Marks](https://sms4smile.com/quotes/author/howard-marks/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Holding a vague valuation helps little; a confident wrong valuation is dangerous. **In simple terms:** Wrong strong beliefs are riskier than weak ones. Key Takeaway Question your confidence in estimates. Themes valuation risk decisionmaking Mood cautious analytical Type advisory reflective When to use this quote - investment analysis - financial planning - business strategy Key Concepts cognitive bias uncertainty confidence Questions to Reflect On - How do you test the robustness of your valuation? - What evidence would change your view? A Different Perspective Overconfidence can blind to data; humility needed. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Incorrect Opinion](https://sms4smile.com/quotes/about/incorrect-opinion-2922076/) [Opinion Valuation](https://sms4smile.com/quotes/about/opinion-valuation-5094324/) [Valuation](https://sms4smile.com/quotes/about/valuation/) [Valuation Loosely](https://sms4smile.com/quotes/about/valuation-loosely-5094322/) [Valuation Strongly](https://sms4smile.com/quotes/about/valuation-strongly-5094323/) ## Related quotes > [“Your mother formed an incorrect opinion of you and, naturally, you agreed with her. Children always think their parents are right. 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