Benefits Quote by Seth Klarman

“Experts who acknowledge the full extent of their ignorance may expect to be replaced by more confident competitors, who are better able to gain…

— Daniel Kahneman

Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they…

— George Soros

Investors don't like uncertainty.

— Kenneth Lay

If you spend your energies looking for and analysing situations not closely followed by other informed investors, your chance of finding bargains greatly increases.

— Joel Greenblatt

An investor needs to do very few things right as long as he or she avoids big mistakes.

— Warren Buffett

Investors believe in the best possible outcome.

— James Cook

“Optimistic bias leads people to neglect probabilities of success, overestimate their ability and level of control, and downplay the influence of luck and external…

— Sumoreads

Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.

— Barry Ritholtz

Investors should invest on what they know. The biggest mistake is to invest on what they don't know.

— Mohamed El-Erian

If I limit myself to knowledge that I consider true beyond doubt, I minimize the risk of error but I maximize, at the same…

— E. F. Schumacher

Dealing with uncertainty is always a key challenge for investors. But dealing with uncertainty doesn't mean avoiding it - on the contrary, it is…

— Whitney Tilson

“Experts who acknowledge the full extent of their ignorance may expect to be replaced by more confident competitors, who are better able to gain…

— Daniel Kahneman