"If you are predisposed to be patient, disciplined……" — Seth Klarman
"If you are predisposed to be patient, disciplined and psychologically appreciate the idea of buying bargains, then you're likely to be good at it. If you have a need for action, if you want to be involved in the new and exciting technological breakthroughs of our time, that's great, but you're not a value investor, and you shouldn't be one."
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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 Action Quotes
This quote is filed under Action Quotes,
one of 8,300 quotes in that category. Here are a few more:
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Forgiveness is the key to action and freedom.
— Hannah Arendt
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Revolutionaries do not make revolutions. The revolutionaries are those who know when power is lying in the street and then…
— Hannah Arendt
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Under conditions of tyranny it is far easier to act than to think.
— Hannah Arendt
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Action without a name, a who attached to it, is meaningless.
— Hannah Arendt
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All human actions have one or more of these seven causes: chance, nature, compulsions, habit, reason, passion, desire.
— Aristotle
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Moral excellence comes about as a result of habit. We become just by doing just acts, temperate by doing temperate…
— Aristotle
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Well begun is half done.
— Aristotle
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A tragedy is a representation of an action that is whole and complete and of a certain magnitude. A whole…
— Aristotle
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Thou wilt find rest from vain fancies if thou doest every act in life as though it were thy last.
— Aristotle
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We become just by performing just action, temperate by performing temperate actions, brave by performing brave action.
— Aristotle
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Every art and every inquiry, and similarly every action and choice, is thought to aim at some good; and for…
— Aristotle
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What the statesman is most anxious to produce is a certain moral character in his fellow citizens, namely a disposition…
— Aristotle
See all 8,300 Action Quotes »