--- title: "Meaning & Key Takeaway of: Having great clients is the key to…" description: "\"Having great clients is the key to investment success.\" — Seth Klarman" image: "https://sms4smile.com/quotes/i/0f7/seth-klarman-1979_clients_having-great-clients-is-the-key-to-inves_320780.png" --- # Having great clients is the key to investment success. ![“Having great clients is the key to investment success.” quote by Seth Klarman](https://sms4smile.com/quotes/i/0f7/seth-klarman-1979_clients_having-great-clients-is-the-key-to-inves_320780.png) [Download](https://sms4smile.com/quotes/i/0f7/seth-klarman-1979_clients_having-great-clients-is-the-key-to-inves_320780.png) [Open image](https://sms4smile.com/quotes/i/0f7/seth-klarman-1979_clients_having-great-clients-is-the-key-to-inves_320780.png) > “Having great clients is the key to investment success.” [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Success in investing hinges on attracting and retaining high‑quality clients, not just market skill. **In simple terms:** Great clients drive investment success. Key Takeaway Prioritize building strong client relationships. Themes investment client relations success Mood strategic optimistic Type business financial advice When to use this quote - wealth management - fundraising - client onboarding Key Concepts trust value creation risk management Questions to Reflect On - How do you identify a great client? - What strategies retain top clients? A Different Perspective Finding great clients can be difficult. ★ ★ ★ ★ ★ No ratings yet [Clients](https://sms4smile.com/quotes/about/clients/) [Customer](https://sms4smile.com/quotes/about/customer/) [Great Clients](https://sms4smile.com/quotes/about/great-clients-3023682/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Investment success](https://sms4smile.com/quotes/about/investment-success/) [Key Investment](https://sms4smile.com/quotes/about/key-investment-3023683/) [Keys](https://sms4smile.com/quotes/about/keys/) [Success](https://sms4smile.com/quotes/about/success/) ## Related quotes > [When I started my life as a baby lawyer, I was interviewing with all the best firms then at the time, and one of…](https://sms4smile.com/quotes/christine-lagarde/when-i-started-my-life-as-a-baby-lawyer-i-was-interviewing-with-all/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [Many people believe that great designers get great clients. It's the other way around.](https://sms4smile.com/quotes/seth-godin/many-people-believe-that-great-designers-get-great-clients-it-s-the/) [Seth Godin](https://sms4smile.com/quotes/author/seth-godin/) > [Great artists need great clients.](https://sms4smile.com/quotes/i-m-pei/great-artists-need-great-clients/) [I. M. Pei](https://sms4smile.com/quotes/author/i-m-pei/) > [Occasionally we are asked whether it would make sense to modify our investment strategy to perform better in today's financial climate. Our answer, as…](https://sms4smile.com/quotes/seth-klarman/occasionally-we-are-asked-whether-it-would-make-sense-to-modify-our/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Avoiding where others go wrong is an important step in achieving investment success. In fact, it almost assures it.](https://sms4smile.com/quotes/seth-klarman/avoiding-where-others-go-wrong-is-an-important-step-in-achieving/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [I think investing in a good education has been key for me, although the investment was more in time than money.](https://sms4smile.com/quotes/nouriel-roubini/i-think-investing-in-a-good-education-has-been-key-for-me-although/) [Nouriel Roubini](https://sms4smile.com/quotes/author/nouriel-roubini/) > [Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own…](https://sms4smile.com/quotes/seth-klarman/successful-investors-tend-to-be-unemotional-allowing-the-greed-and/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Wall Street can be a dangerous place for investors. You have no choice but to do business there, but you must always be on…](https://sms4smile.com/quotes/seth-klarman/wall-street-can-be-a-dangerous-place-for-investors-you-have-no-choice/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [While knowing how to value businesses is essential for investment success, the first and perhaps most important step in the investment process is knowing…](https://sms4smile.com/quotes/seth-klarman/while-knowing-how-to-value-businesses-is-essential-for-investment/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [It is always easiest to run with the herd; at times, it can take a deep reservoir of courage and conviction to stand apart…](https://sms4smile.com/quotes/seth-klarman/it-is-always-easiest-to-run-with-the-herd-at-times-it-can-take-a-deep/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Investment success cannot be captured in a mathematical equation or a computer program.](https://sms4smile.com/quotes/seth-klarman/investment-success-cannot-be-captured-in-a-mathematical-equation-or-a/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [One thing I want to emphasize is that, like any human being, we can discuss our view of the economy and the market. Fortunately…](https://sms4smile.com/quotes/seth-klarman/one-thing-i-want-to-emphasize-is-that-like-any-human-being-we-can/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [The ability to change one's mind is probably a key characteristic of the successful investor. Dogmatic and rigid personalities rarely, if ever, succeed in…](https://sms4smile.com/quotes/jack-d-schwager/the-ability-to-change-one-s-mind-is-probably-a-key-characteristic-of/) [Jack D. Schwager](https://sms4smile.com/quotes/author/jack-d-schwager/) > [The key to investment success is emotional discipline. Making money has nothing to do with intelligence. To be a successful investor, you have to…](https://sms4smile.com/quotes/victor-sperandeo/the-key-to-investment-success-is-emotional-discipline-making-money/) [Victor Sperandeo](https://sms4smile.com/quotes/author/victor-sperandeo/) > [We believe the size is almost irrelevant to investment success. Our size has certainly not diminished our enthusiasm for investing in our funds, our…](https://sms4smile.com/quotes/john-paulson/we-believe-the-size-is-almost-irrelevant-to-investment-success-our/) [John Paulson](https://sms4smile.com/quotes/author/john-paulson/) ## More by Seth Klarman > [Unlike return, however, risk is no more quantifiable at the end of an investment that it was at its beginning. Risk simply cannot be…](https://sms4smile.com/quotes/seth-klarman/unlike-return-however-risk-is-no-more-quantifiable-at-the-end-of-an/) [Seth Klarman](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/seth-klarman/because-investors-are-not-usually-penalized-for-adhering-to/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Value investing is risk aversion.](https://sms4smile.com/quotes/seth-klarman/value-investing-is-risk-aversion/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Be focused on process and not outcome](https://sms4smile.com/quotes/seth-klarman/be-focused-on-process-and-not-outcome/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [There is an old saying, "How did you go bankrupt?" And the answer is, "Gradually, and then suddenly." The impending fiscal crisis in the…](https://sms4smile.com/quotes/seth-klarman/there-is-an-old-saying-how-did-you-go-bankrupt-and-the-answer-is/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [In a rising market, everyone makes money and a value philosophy is unnecessary. But because there is no certain way to predict what the…](https://sms4smile.com/quotes/seth-klarman/in-a-rising-market-everyone-makes-money-and-a-value-philosophy-is/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.](https://sms4smile.com/quotes/seth-klarman/ultimately-nothing-should-be-more-important-to-investors-than-the/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [The best protection against risk is knowing what you are doing.](https://sms4smile.com/quotes/seth-klarman/the-best-protection-against-risk-is-knowing-what-you-are-doing/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Warren Buffett once wrote that value investing is like an inoculation--it either takes or it doesn't--and when you explain to somebody what it is…](https://sms4smile.com/quotes/seth-klarman/warren-buffett-once-wrote-that-value-investing-is-like-an-inoculation/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [It is important to remember that value investing is not a perfect science. It is an, with an ongoing need for judgment, refinement, patience,…](https://sms4smile.com/quotes/seth-klarman/it-is-important-to-remember-that-value-investing-is-not-a-perfect/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Value investing is at its core the marriage of a contrarian streak and a calculator.](https://sms4smile.com/quotes/seth-klarman/value-investing-is-at-its-core-the-marriage-of-a-contrarian-streak/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [The avoidance of loss is the surest way to ensure a profitable outcome.](https://sms4smile.com/quotes/seth-klarman/the-avoidance-of-loss-is-the-surest-way-to-ensure-a-profitable-outcome/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Do not suffer interim losses, relish and appreciate them](https://sms4smile.com/quotes/seth-klarman/do-not-suffer-interim-losses-relish-and-appreciate-them/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Ratings agencies are highly conflicted, unimaginative dupes. They are blissfully unaware of adverse selection and moral hazard. Investors should never trust them.](https://sms4smile.com/quotes/seth-klarman/ratings-agencies-are-highly-conflicted-unimaginative-dupes-they-are/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [It is crucial to have a strategy in place before problems hit, precisely because no one can accurately predict the future direction of the…](https://sms4smile.com/quotes/seth-klarman/it-is-crucial-to-have-a-strategy-in-place-before-problems-hit/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) [Explore all 193 Seth Klarman quotes ](https://sms4smile.com/quotes/author/seth-klarman/) ## More Clients quotes > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [My Client Brock Lesnar conquered the Undertakers Undefeated Streak at Wrestlemania](https://sms4smile.com/quotes/paul-heyman/my-client-brock-lesnar-conquered-the-undertakers-undefeated-streak-at/) [Paul Heyman](https://sms4smile.com/quotes/author/paul-heyman/) > [I hear a lot of 'Top Model' girls say they are dismissed by clients because they recognize them, but it never happened to me.](https://sms4smile.com/quotes/fatima-siad/i-hear-a-lot-of-top-model-girls-say-they-are-dismissed-by-clients/) [Fatima Siad](https://sms4smile.com/quotes/author/fatima-siad/) > [“Clients steer the ship in the sea of business.”](https://sms4smile.com/quotes/utibe-samuel-mbom/clients-steer-the-ship-in-the-sea-of-business/) [Utibe Samuel Mbom](https://sms4smile.com/quotes/author/utibe-samuel-mbom/) > [I want my clients to trust me.](https://sms4smile.com/quotes/brad-goreski/i-want-my-clients-to-trust-me/) [Brad Goreski](https://sms4smile.com/quotes/author/brad-goreski/) > [It is the client who knows what hurts, what directions to go, what problems are crucial, what experiences have been deeply buried.](https://sms4smile.com/quotes/carl-rogers/it-is-the-client-who-knows-what-hurts-what-directions-to-go-what/) [Carl Rogers](https://sms4smile.com/quotes/author/carl-rogers/) > [Some men can be very rude. On the other hand, some clients are absolute angels. One john always brought me a gift every time…](https://sms4smile.com/quotes/annie-sprinkle/some-men-can-be-very-rude-on-the-other-hand-some-clients-are-absolute/) [Annie Sprinkle](https://sms4smile.com/quotes/author/annie-sprinkle/) > [I have learned that trying to guess what the boss or the client wants is the most debilitating of all influences in the creation…](https://sms4smile.com/quotes/leo-burnett/i-have-learned-that-trying-to-guess-what-the-boss-or-the-client-wants/) [Leo Burnett](https://sms4smile.com/quotes/author/leo-burnett/) > [Our focus in the client group had always been to build products and features that people wanted to use. That we wanted to use.…](https://sms4smile.com/quotes/jamie-zawinski/our-focus-in-the-client-group-had-always-been-to-build-products-and/) [Jamie Zawinski](https://sms4smile.com/quotes/author/jamie-zawinski/) > [I don't care about awards and public image. We know the business of entertainment. We worship our work, we worship our clients and we…](https://sms4smile.com/quotes/shailender-singh/i-don-t-care-about-awards-and-public-image-we-know-the-business-of/) [Shailender Singh](https://sms4smile.com/quotes/author/shailender-singh/) > [I became interested in building furniture, because I couldn't find pieces I really loved for myself and my clients. I picked stuff up from…](https://sms4smile.com/quotes/jeremiah-brent/i-became-interested-in-building-furniture-because-i-couldn-t-find/) [Jeremiah Brent](https://sms4smile.com/quotes/author/jeremiah-brent/) > [“Clients who understand the return on investment you offer will jump at the chance to work with you. To”](https://sms4smile.com/quotes/michael-port/clients-who-understand-the-return-on-investment-you-offer-will-jump/) [Michael Port](https://sms4smile.com/quotes/author/michael-port/) > [Most of my clients don't realize that the way they look and the way they think about their looks are two separate issues.](https://sms4smile.com/quotes/martha-beck/most-of-my-clients-don-t-realize-that-the-way-they-look-and-the-way/) [Martha Beck](https://sms4smile.com/quotes/author/martha-beck/) > [One of my closest friends is a trans man who is incredible. And a lot of my clients are trans women.](https://sms4smile.com/quotes/jonathan-van-ness/one-of-my-closest-friends-is-a-trans-man-who-is-incredible-and-a-lot/) [Jonathan Van Ness](https://sms4smile.com/quotes/author/jonathan-van-ness/) > [If you do good work for good clients, it will lead to other good work for other good clients. If you do bad work…](https://sms4smile.com/quotes/michael-bierut/if-you-do-good-work-for-good-clients-it-will-lead-to-other-good-work/) [Michael Bierut](https://sms4smile.com/quotes/author/michael-bierut/) [Browse all 737 Clients quotes ](https://sms4smile.com/quotes/about/clients/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Having great clients is the key to investment success.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/seth-klarman/having-great-clients-is-the-key-to-investment-success/", "about": { "@type": "Thing", "name": "Clients" }, "@id": "https://sms4smile.com/quotes/seth-klarman/having-great-clients-is-the-key-to-investment-success/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/0f7/seth-klarman-1979_clients_having-great-clients-is-the-key-to-inves_320780.png", "contentUrl": "https://sms4smile.com/quotes/i/0f7/seth-klarman-1979_clients_having-great-clients-is-the-key-to-inves_320780.png", "url": "https://sms4smile.com/quotes/i/0f7/seth-klarman-1979_clients_having-great-clients-is-the-key-to-inves_320780.png", "width": 1080, "height": 1080, "caption": "“Having great clients is the key to investment success.” — Seth Klarman", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Seth Klarman", "item": "https://sms4smile.com/quotes/author/seth-klarman/" }, { "@type": "ListItem", "position": 4, "name": "Having great clients is the key...", "item": "https://sms4smile.com/quotes/seth-klarman/having-great-clients-is-the-key-to-investment-success/" } ], "@id": "https://sms4smile.com/quotes/seth-klarman/having-great-clients-is-the-key-to-investment-success/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```