"Because investors are not usually penalized for adhering……" — Seth Klarman
"Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees against superior performance."
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Seth Klarman
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50 Quotes by Seth Klarman
Seth Klarman has 50 quotes on this site.
A few more worth reading:
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Investors should always keep in mind that the most important metric is not the returns achieved but the returns weighed…
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Sometimes buying early on the way down looks like being wrong, but it isn't.
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While it might seem that anyone can be a value investor, the essential characteristics of this type of investor-patience, discipline,…
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The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both…
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Generally, the greater the stigma or revulsion, the better the bargain.
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Investing is the intersection of economics and psychology.
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Value investing is at its core the marriage of a contrarian streak and a calculator.
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While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy…
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Investing today may well be harder than it has been at any time in our three decades of existence,
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If you can remember that stocks aren't pieces of paper that gyrate all the time --they are fractional interests in…
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Almost every financial blow up is because of leverage,
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The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent,
See all 50 quotes by Seth Klarman »
More Adhering Quotes
This quote is filed under Adhering Quotes,
one of 32 quotes in that category. Here are a few more:
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We are adhering to life now with our last muscle - the heart.
— Djuna Barnes
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There are certain things in ancient practices that are not worth adhering to.
— Cate Blanchett
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One should not be envious of someone who has prospered by unjust deeds. Nor should he disdain someone who has…
— Imagawa Sadayo
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Men of integrity are generally pretty obstinate, in adhering to an opinion once adopted.
— William Cobbett
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I hate overweight, because it implies that there's a weight standard i should be adhering to
— Camryn Manheim
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I don’t believe in adhering to any rules I don’t support and I didn’t vote for. To hell with what…
— Willie Nelson
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I know of no long-time practitioner who regrets adhering to a value philosophy; few investors who embrace the fundamental principles…
— Seth Klarman
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A middle ground might be to fight for same-sex marriage and its benefits and then, once granted, redefine the institution…
— Michelangelo Signorile
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We are indebted to the Book of books (Bible) for our national ideals and institution. Their preservation rests in adhering…
— Herbert Hoover
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A country's adhering to the rule of law does not mean that its citizens will not do bad things.
— James Inhofe
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It is my firm conviction that man has nothing to gain, emotionally or otherwise, by adhering to a falsehood, regardless…
— George H. Smith
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It appears that a simple rule, of something adhering to another similar idea, repeated, leads to stabilities. This seems to…
— Cecil Balmond
See all 32 Adhering Quotes »