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Bent Quote by Seth Klarman

“The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent,” quote by Seth Klarman
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“The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent,”

Seth Klarman

About This Quote

Source Book: Margin of Safety, 1991

Investors succeed by questioning the prevailing view, seeking value where others see consensus.

In simple terms: Success comes from thinking against the crowd.

Key Takeaway

Question consensus, find hidden value.

Themes

investment contrarianism risk analysis

Mood

cautious analytical

Type

philosophical strategic

When to use this quote

  • stock picking
  • venture capital
  • real‑estate deals

Key Concepts

value investing behavioral finance

Questions to Reflect On

  • When have you followed the crowd and lost?
  • What evidence convinces you to go against the grain?
A Different Perspective

Contrarian moves can be costly if trends are correct.

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