Absence Quote by Seth Klarman

“The near absence of bargains works as a reverse indicator for us. When we find there is little worth buying, there is probably much worth selling.” quote by Seth Klarman — Download Open image

“The near absence of bargains works as a reverse indicator for us. When we find there is little worth buying, there is probably much worth selling.”

Seth Klarman

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Absence Bargains Buying Indicators Littles Reverse Selling

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Unlike return, however, risk is no more quantifiable at the end of an investment that it was at its beginning. Risk simply cannot be described by a single number. Intuitively we understand that risk varies from investment to investment: a government bond is not as risky as the stock of a high-technology company. But investments do not provide information about…

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

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Value investing is risk aversion.

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Be focused on process and not outcome

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There is an old saying, "How did you go bankrupt?" And the answer is, "Gradually, and then suddenly." The impending fiscal crisis in the…

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In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the…

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Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.

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The best protection against risk is knowing what you are doing.

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Warren Buffett once wrote that value investing is like an inoculation--it either takes or it doesn't--and when you explain to somebody what it is…

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It is important to remember that value investing is not a perfect science. It is an, with an ongoing need for judgment, refinement, patience, and reflection. It requires endless curiosity, the relentless pursuit of additional information, the raising of questions, and the search for answers. It necessitates dealing with imperfect information - knowing you will never know everything and that…

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Value investing is at its core the marriage of a contrarian streak and a calculator.

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The avoidance of loss is the surest way to ensure a profitable outcome.

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Explore all 193 Seth Klarman quotes

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Distance sometimes endears friendship, and absence sweeteneth it.

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The work, the work, the work. This is what the business is all about. This is the fun, the glory, the pleasure. It's the…

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Total depravity means the entire absence of holiness, not the highest intensity of sin. A totally depraved man is not as bad as he…

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Local and state governments have outrun the federal government. The EPA has served notice that it will enact a rule requiring CO2 reductions by…

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There, in the center of that silence was not eternity but the death of time and a loneliness so profound the word itself had no meaning. For loneliness assumed the absence of other people, and the solitude she found in that desperate terrain had never admitted the possibility of other people. She wept then. Tears for the deaths of the…

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Of all the bewildering things about a new country, the absence of human landmarks is one of the most depressing and disheartening.

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Young men have strong passions and tend to gratify them indiscriminately. Of the bodily desires, it is the sexual by which they are most…

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It is suggested that in domestic violence at least the presence or absence of a firearm, or of any other type of weapon, is of far less importance to the outcome than the passion generated in the attacker. The man who has lost control will cause serious injuries in many cases, quite irrespective of the weapon he uses and regardless…

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The absence of God in most spheres of life is perceived to be normal, and even Christians feel it as normal - which is…

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Every person needs to take one day away. A day in which one consciously separates the past from the future. Jobs, family, employers, and friends can exist one day without any one of us, and if our egos permit us to confess, they could exist eternally in our absence. Each person deserves a day away in which no problems are…

Maya Angelou