"The average person can’t really trust anybody. They……" — Seth Klarman
"The average person can’t really trust anybody. They can’t trust a broker, because the broker is interested in churning commissions. They can’t trust a mutual fund, because the mutual fund is interested in gathering a lot of assets and keeping them. And now it’s even worse because even the most sophisticated people have no idea what’s going on."
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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 Anybody Quotes
This quote is filed under Anybody Quotes,
one of 3,932 quotes in that category. Here are a few more:
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Anybody can become angry - that is easy, but to be angry with the right person and to the right…
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I never took a grant or borrowed a penny from anybody. It was partially because I didn't really know how…
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Anybody can be a great photographer if they zoom in enough on what they love.
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I think anybody who is racist is an idiot whether they are black or white.
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Although golf was originally restricted to wealthy, overweight Protestants, today it's open to anybody who owns hideous clothing.
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The major parties could conduct live human sacrifices on their podiums during prime time, and I doubt that anybody would…
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I never want to get to the point where it's all about my needs, and the hell with anybody else.
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I don't mind a little Sturm und Drang. When I was doing 'Riding in Cars With Boys,' I wouldn't smile…
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