Bent Quote by Seth Klarman
“The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent,”
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.
Question consensus, find hidden value.
Themes
Mood
Type
When to use this quote
- stock picking
- venture capital
- real‑estate deals
Key Concepts
Questions to Reflect On
- When have you followed the crowd and lost?
- What evidence convinces you to go against the grain?
Contrarian moves can be costly if trends are correct.