Focus Quote by Seth Klarman

“Most people view risk taking primarily as a way to make money. Bearing higher risk generally produces higher returns...But it can’t always work that…

— Howard Marks

Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose.

— Seth Klarman

So one way to create an attractive risk/reward situation is to limit downside risk severely by investing in situations that have a large margin…

— Joel Greenblatt

“Risk arises as investor behaviour alters the market. Investors bid up assets, accelerating into the present appreciation that otherwise would have occurred in the…

— Howard Marks

When investing, I'm not against risk. If you take no risk you must expect a low return. Just don't let anyone fool you into…

— Paul Clitheroe

I think it's a mistake to rely too much on any one economic factor. It's why investors try to spread their portfolio round.

— Paul Wolfowitz

Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees…

— Seth Klarman

It's important to understand how people perceive risk, and how that translates into investment behavior.

— Andrew Lo

As value investors, our business is to buy bargains that financial market theory says do not exist. We've delivered great returns to our clients…

— Seth Klarman

Investors believe in the best possible outcome.

— James Cook

Right at the core, the mainstream has it backwards. Warren Buffett often quips that the first rule of investing is to not lose money,…

— Seth Klarman

In contrast to the speculators preoccupation with rapid gain, value investors demonstrate their risk aversion by striving to avoid loss.

— Seth Klarman