Bargains Quote by Seth Klarman
“Typically, we make money when we buy things. We count the profits later, but we know we have captured them when we buy the bargain.”
About This Quote
Source Interview: "The Art of Value Investing", 2015
Profit is realized when you purchase undervalued assets; the gain is recognized later.
In simple terms: Buy low, profit later.
Key Takeaway
Focus on value, not immediate profit.
Themes
investing
value
patience
Mood
analytical
pragmatic
Type
financial
strategic
When to use this quote
- stock market
- real estate
- business acquisitions
Key Concepts
Opportunity cost
market inefficiency
risk management
Questions to Reflect On
- How do you identify true bargains?
- What risks do you accept when buying low?
A Different Perspective
Market volatility can erode expected gains.
