Customer Quote by Peter Cundill
“Try to pick a fund manager who has a well-defined strategy, has been through these things before, and go invest and stay with him.”
About This Quote
Source Book: Margin of Safety by Seth Klarman, 1991
Choose a fund manager with a clear, proven strategy and experience, then commit long‑term to that manager’s approach.
In simple terms: Pick a proven manager and stay invested.
Key Takeaway
Commit to a trusted manager.
Themes
investing
strategy
trust
Mood
cautious
analytical
Type
advisory
practical
When to use this quote
- retirement planning
- portfolio building
- market volatility
- long‑term wealth growth
Key Concepts
risk management
track record
discipline
Questions to Reflect On
- How do you evaluate a manager’s track record?
- What signs indicate a strategy is losing relevance?
A Different Perspective
Even a good manager can underperform in extreme market cycles.
