Be prepared Quote by Seth Klarman
“You must buy on the way down. There is far more volume on the way down than on the way back up, and far less competition among buyers. It is almost always better to be too early than too late, but you must be prepared for price markdowns on what you buy.”
![“Buying's easier, selling's hard - [it's] hard to know when to get out.” quote by Seth Klarman](https://sms4smile.com/quotes/img-quotes/267/seth-klarman-1979_buying_buying-s-easier-selling-s-hard-it-s-hard_684466.jpg)
