--- title: "Meaning & Key Takeaway of: We work really hard never to get confused…" description: "\"We work really hard never to get confused with what we know from what we think or hope or wish.\" — Seth Klarman" image: "https://sms4smile.com/quotes/i/8ac/seth-klarman-1979_confused_we-work-really-hard-never-to-get-confuse_2259583.png" --- # We work really hard never to get confused with what we… ![“We work really hard never to get confused with what we know from what we think or hope or wish.” quote by Seth Klarman](https://sms4smile.com/quotes/i/8ac/seth-klarman-1979_confused_we-work-really-hard-never-to-get-confuse_2259583.png) [Download](https://sms4smile.com/quotes/i/8ac/seth-klarman-1979_confused_we-work-really-hard-never-to-get-confuse_2259583.png) [Open image](https://sms4smile.com/quotes/i/8ac/seth-klarman-1979_confused_we-work-really-hard-never-to-get-confuse_2259583.png) > “We work really hard never to get confused with what we know from what we think or hope or wish.” [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. Distinguish clearly between knowledge, belief, hope, and wish to avoid confusion. **In simple terms:** Separate facts from hopes. Key Takeaway Clarify what you truly know. Themes critical thinking clarity decision making Mood analytical skeptical Type philosophical inspirational When to use this quote - investment analysis - personal planning - scientific research - policy making Key Concepts epistemology bias cognitive psychology Questions to Reflect On - How do you verify your knowledge? - What hopes influence your decisions? A Different Perspective Human bias often blurs these lines. ★ ★ ★ ★ ★ No ratings yet [Hope](https://sms4smile.com/quotes/about/hope/) [Insightful](https://sms4smile.com/quotes/about/insightful/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Investing](https://sms4smile.com/quotes/about/investing/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Wish](https://sms4smile.com/quotes/about/wish/) ## Related quotes > [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/) > [To achieve long-term success over many financial market and economic cycles, observing a few rules is not enough. Too many things change too quickly…](https://sms4smile.com/quotes/seth-klarman/to-achieve-long-term-success-over-many-financial-market-and-economic/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Interestingly, we have beaten the market quite handsomely over this time frame, although beating the market has never been our objective. Rather, we have…](https://sms4smile.com/quotes/seth-klarman/interestingly-we-have-beaten-the-market-quite-handsomely-over-this/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Toil, feel, think, hope; you will be sure to dream enough before you die, without arranging for it.](https://sms4smile.com/quotes/john-sterling/toil-feel-think-hope-you-will-be-sure-to-dream-enough-before-you-die/) [John Sterling](https://sms4smile.com/quotes/author/john-sterling/) > [I like to think of hope as a fact and something that wins out always. Whether you're hopeful or not, actually, you do get…](https://sms4smile.com/quotes/lucy-dacus/i-like-to-think-of-hope-as-a-fact-and-something-that-wins-out-always/) [Lucy Dacus](https://sms4smile.com/quotes/author/lucy-dacus/) > [I don't want to hope anymore. I don't think we should hope anymore. We hoped enough. Now we have to do. We all have…](https://sms4smile.com/quotes/will-i-am/i-don-t-want-to-hope-anymore-i-don-t-think-we-should-hope-anymore-we/) [will.i.am](https://sms4smile.com/quotes/author/will-i-am/) > [You're all I think about, I hope you know that](https://sms4smile.com/quotes/leslie/you-re-all-i-think-about-i-hope-you-know-that/) [Leslie](https://sms4smile.com/quotes/author/leslie/) > [I think hope is not simply looking around and saying that everything’s great – that’s just ridiculous. For hope to have substance, it has…](https://sms4smile.com/quotes/tim-foreman/i-think-hope-is-not-simply-looking-around-and-saying-that-everything/) [Tim Foreman](https://sms4smile.com/quotes/author/tim-foreman/) > [“I think the rest of the world is not as cold and lonely a place as you think. At least I have to hope.”](https://sms4smile.com/quotes/jodi-lynn-anderson/i-think-the-rest-of-the-world-is-not-as-cold-and-lonely-a-place-as/) [Jodi Lynn Anderson](https://sms4smile.com/quotes/author/jodi-lynn-anderson/) > [“You hope for the best for your kids. You want them to be happy, and you want to feel close to them and help…](https://sms4smile.com/quotes/catherine-ryan-hyde/you-hope-for-the-best-for-your-kids-you-want-them-to-be-happy-and-you/) [Catherine Ryan Hyde](https://sms4smile.com/quotes/author/catherine-ryan-hyde/) > [If you're not being pessimistic, you're not being very realistic. But I think one must always have hope, and when you have children, of…](https://sms4smile.com/quotes/david-suzuki/if-you-re-not-being-pessimistic-you-re-not-being-very-realistic-but-i/) [David Suzuki](https://sms4smile.com/quotes/author/david-suzuki/) > [When I am sad and wearyWhen I think all hope has goneWhen I walk along High HolbornI think of you with nothing on](https://sms4smile.com/quotes/adrian-mitchell/when-i-am-sad-and-wearywhen-i-think-all-hope-has-gonewhen-i-walk/) [Adrian Mitchell](https://sms4smile.com/quotes/author/adrian-mitchell/) > [think what you hope for is that at different times of your life you're able to write the poetry that reflects the moment that…](https://sms4smile.com/quotes/edward-hirsch/think-what-you-hope-for-is-that-at-different-times-of-your-life-you/) [Edward Hirsch](https://sms4smile.com/quotes/author/edward-hirsch/) > [I think we should all hope for a Russia that is successful, where its people are employed and the economy is growing and they…](https://sms4smile.com/quotes/barack-obama/i-think-we-should-all-hope-for-a-russia-that-is-successful-where-its/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I think you hope, throughout the course of your career, if you do things right often enough, you might get a moment in time…](https://sms4smile.com/quotes/tim-howard/i-think-you-hope-throughout-the-course-of-your-career-if-you-do/) [Tim Howard](https://sms4smile.com/quotes/author/tim-howard/) ## 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 Confused quotes > [The fact -- not theory -- that evolution has occurred and the Darwinian theory as to how it occurred have become so confused in…](https://sms4smile.com/quotes/george-gaylord-simpson/the-fact-not-theory-that-evolution-has-occurred-and-the-darwinian/) [George Gaylord Simpson](https://sms4smile.com/quotes/author/george-gaylord-simpson/) > [Throughout human history, as our species has faced the frightening, terrorizing fact that we do not know who we are, or where we are…](https://sms4smile.com/quotes/timothy-leary/throughout-human-history-as-our-species-has-faced-the-frightening/) [Timothy Leary](https://sms4smile.com/quotes/author/timothy-leary/) > [It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like…](https://sms4smile.com/quotes/dan-ariely/it-is-true-that-from-a-behavioral-economics-perspective-we-are/) [Dan Ariely](https://sms4smile.com/quotes/author/dan-ariely/) > [I was a very protected and confused kid till 24. It was after then, that I started taking my life seriously.](https://sms4smile.com/quotes/siddharth-shukla/i-was-a-very-protected-and-confused-kid-till-24-it-was-after-then/) [Siddharth Shukla](https://sms4smile.com/quotes/author/siddharth-shukla/) > [I can picture certain things in my mind, while writing the script, but then I can also tell that everyone else might be a…](https://sms4smile.com/quotes/rob-zombie/i-can-picture-certain-things-in-my-mind-while-writing-the-script-but/) [Rob Zombie](https://sms4smile.com/quotes/author/rob-zombie/) > [America today is a confused society, caught up in a terror war, a culture war, and a media war, where honesty and professional standards…](https://sms4smile.com/quotes/bill-o-reilly/america-today-is-a-confused-society-caught-up-in-a-terror-war-a/) [Bill O'Reilly](https://sms4smile.com/quotes/author/bill-o-reilly/) > [Well I'm trying to think what I put in... I think I put in 'why?' to see if I'd confuse the computer.](https://sms4smile.com/quotes/karl-pilkington/well-i-m-trying-to-think-what-i-put-in-i-think-i-put-in-why-to-see-if/) [Karl Pilkington](https://sms4smile.com/quotes/author/karl-pilkington/) > [Time is the nervous system of narration, whether factual or fictive. If it gets confused some of the minutiae of human nature are certain…](https://sms4smile.com/quotes/glenway-wescott/time-is-the-nervous-system-of-narration-whether-factual-or-fictive-if/) [Glenway Wescott](https://sms4smile.com/quotes/author/glenway-wescott/) > [What a wonderfully exciting cough,' said the little man, quite startled by it, 'do you mind if I join you?' And with that he…](https://sms4smile.com/quotes/douglas-adams/what-a-wonderfully-exciting-cough-said-the-little-man-quite-startled/) [Douglas Adams](https://sms4smile.com/quotes/author/douglas-adams/) > [I am still searching for the expression of those confused sensations that we bring with us at birth.](https://sms4smile.com/quotes/paul-cezanne/i-am-still-searching-for-the-expression-of-those-confused-sensations/) [Paul Cezanne](https://sms4smile.com/quotes/author/paul-cezanne/) > [If I look confused it is because I am thinking.](https://sms4smile.com/quotes/samuel-goldwyn/if-i-look-confused-it-is-because-i-am-thinking/) [Samuel Goldwyn](https://sms4smile.com/quotes/author/samuel-goldwyn/) > [Rage is exciting, but leaves me confused and exhausted.](https://sms4smile.com/quotes/mason-cooley/rage-is-exciting-but-leaves-me-confused-and-exhausted/) [Mason Cooley](https://sms4smile.com/quotes/author/mason-cooley/) > [I believe that much of Hollywood is confused about Israel.](https://sms4smile.com/quotes/mark-pellegrino/i-believe-that-much-of-hollywood-is-confused-about-israel/) [Mark Pellegrino](https://sms4smile.com/quotes/author/mark-pellegrino/) > [My senior thesis was a documentary. 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I am clearly missing something here,” Lori said, still holding a confused expression.”](https://sms4smile.com/quotes/lindsay-chamberlin/hold-the-freaking-phone-i-am-clearly-missing-something-here-lori-said/) [Lindsay Chamberlin](https://sms4smile.com/quotes/author/lindsay-chamberlin/) Browse all 1,772 Confused quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "We work really hard never to get confused with what we know from what we think or hope or wish.", "creator": { "@type": "Person", "name": "Seth Klarman" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/seth-klarman/we-work-really-hard-never-to-get-confused-with-what-we-know-from-what/", "about": { "@type": "Thing", "name": "Confused" }, "@id": "https://sms4smile.com/quotes/seth-klarman/we-work-really-hard-never-to-get-confused-with-what-we-know-from-what/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8ac/seth-klarman-1979_confused_we-work-really-hard-never-to-get-confuse_2259583.png", "contentUrl": "https://sms4smile.com/quotes/i/8ac/seth-klarman-1979_confused_we-work-really-hard-never-to-get-confuse_2259583.png", "url": "https://sms4smile.com/quotes/i/8ac/seth-klarman-1979_confused_we-work-really-hard-never-to-get-confuse_2259583.png", "width": 1080, "height": 1080, "caption": "“We work really hard never to get confused with what we know from what we think or hope or wish.” — 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": "We work really hard never to...", "item": "https://sms4smile.com/quotes/seth-klarman/we-work-really-hard-never-to-get-confused-with-what-we-know-from-what/" } ], "@id": "https://sms4smile.com/quotes/seth-klarman/we-work-really-hard-never-to-get-confused-with-what-we-know-from-what/#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 } } ] } ```