Crazy Quote by Seth Klarman
“It sounds kind of crazy, but in times of turmoil in the market, I've felt a sort of serenity in knowing that I've checked and re-checked my work, one plus one still equals two regardless of where a stock trades right after I buy it.”
About This Quote
Source Interview: Berkshire Hathaway Annual Shareholder Letter, 2023
In market chaos, confidence comes from rigorous verification; fundamentals stay constant despite price swings.
In simple terms: Verification gives calm amid market noise.
Double‑check work, trust the math.
Themes
Mood
Type
When to use this quote
- trading
- portfolio review
- risk assessment
Key Concepts
Questions to Reflect On
- How do you maintain discipline when markets are volatile?
- What checks prevent complacency?
Even with verification, external shocks can still affect outcomes.