---
title: "Meaning & Key Takeaway of: It seems that the uglier the stock, the…"
description: "\"“It seems that the uglier the stock, the better the return, even when the valuations are comparable.”\" — Tobias E. Carlisle"
image: "https://sms4smile.com/quotes/i/d0f/tobias-e-carlisle-283563_customer_it-seems-that-the-uglier-the-stock-the-b_7136.jpg"
---

#  It seems that the uglier the stock, the better the return…

![“It seems that the uglier the stock, the better the return, even when the valuations are comparable.” quote by Tobias E. Carlisle](https://sms4smile.com/quotes/i/d0f/tobias-e-carlisle-283563_customer_it-seems-that-the-uglier-the-stock-the-b_7136.jpg)   [Download](https://sms4smile.com/quotes/i/d0f/tobias-e-carlisle-283563_customer_it-seems-that-the-uglier-the-stock-the-b_7136.jpg) [Open image](https://sms4smile.com/quotes/i/d0f/tobias-e-carlisle-283563_customer_it-seems-that-the-uglier-the-stock-the-b_7136.jpg)

> ““It seems that the uglier the stock, the better the return, even when the valuations are comparable.””

Tobias E. Carlisle

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Uglier stocks often outperform when valuations are similar, suggesting risk‑adjusted returns can favor distressed assets.

**In simple terms:** Distressed stocks can give higher returns.

Key Takeaway

Consider value opportunities in overlooked assets.

Themes

Investing Risk Valuation Market Inefficiency

Mood

analytical cautious

Type

financial investment

When to use this quote

- Portfolio construction
- Value investing
- Risk management
- Market analysis

Key Concepts

Behavioral finance Distressed securities Risk premium

Questions to Reflect On

- How do you assess risk in undervalued stocks?
- What safeguards can mitigate potential losses?

A Different Perspective

Higher returns may come with higher volatility and liquidity risk.

★ ★ ★ ★ ★   No ratings yet

[Customer](https://sms4smile.com/quotes/about/customer/) [Investing](https://sms4smile.com/quotes/about/investing/)

## Related quotes

> [The cheaper the stock, the better the outlook for future returns.](https://sms4smile.com/quotes/robert-haugen/the-cheaper-the-stock-the-better-the-outlook-for-future-returns/)

[Robert Haugen](https://sms4smile.com/quotes/author/robert-haugen/)

> [The world has become uglier since it began to look into a mirror every day; so let us settle for the mirror image and…](https://sms4smile.com/quotes/karl-kraus/the-world-has-become-uglier-since-it-began-to-look-into-a-mirror/)

[Karl Kraus](https://sms4smile.com/quotes/author/karl-kraus/)

> [“A forced smile is uglier than a frown.”](https://sms4smile.com/quotes/nathaniel-hawthorne/a-forced-smile-is-uglier-than-a-frown/)

[Nathaniel Hawthorne](https://sms4smile.com/quotes/author/nathaniel-hawthorne/)

> [Los Angeles is like San Diego's older, uglier sister that has herpes.](https://sms4smile.com/quotes/justin-halpern/los-angeles-is-like-san-diego-s-older-uglier-sister-that-has-herpes/)

[Justin Halpern](https://sms4smile.com/quotes/author/justin-halpern/)

> [That moment when you finally take a decent picture and then asyou continue to stare it gets uglier](https://sms4smile.com/quotes/anonymous/that-moment-when-you-finally-take-a-decent-picture-and-then-asyou/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [The uglier the snapshot the stronger the friendship](https://sms4smile.com/quotes/anonymous/the-uglier-the-snapshot-the-stronger-the-friendship/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [It gets harder the more you know. Because the more you find out the uglier everything seems.](https://sms4smile.com/quotes/frank-zappa/it-gets-harder-the-more-you-know-because-the-more-you-find-out-the/)

[Frank Zappa](https://sms4smile.com/quotes/author/frank-zappa/)

> [“The dwarf has risen from the dead, Tyrion thought. And look, he's uglier than ever, run tell your friends.”](https://sms4smile.com/quotes/george-r-r-martin/the-dwarf-has-risen-from-the-dead-tyrion-thought-and-look-he-s-uglier/)

[George R.R. Martin](https://sms4smile.com/quotes/author/george-r-r-martin/)

> [“Every time I see you, I have to admit that rest of us are more uglier than I thought.”](https://sms4smile.com/quotes/amit-kalantri/every-time-i-see-you-i-have-to-admit-that-rest-of-us-are-more-uglier/)

[Amit Kalantri](https://sms4smile.com/quotes/author/amit-kalantri/)

> [“if making things seem prettier than they are is a lie, then making them seem uglier must be another.”](https://sms4smile.com/quotes/richard-russo/if-making-things-seem-prettier-than-they-are-is-a-lie-then-making/)

[Richard Russo](https://sms4smile.com/quotes/author/richard-russo/)

> [If a profile picture has two ppl in it, the profile belongs to the uglier one.](https://sms4smile.com/quotes/anonymous/if-a-profile-picture-has-two-ppl-in-it-the-profile-belongs-to-the/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [“Everything's uglier close up -Margo Roth Spiegelman”](https://sms4smile.com/quotes/john-green/everything-s-uglier-close-up-margo-roth-spiegelman/)

[John Green](https://sms4smile.com/quotes/author/john-green/)

> [“Expensive shit was usually uglier than fuck”](https://sms4smile.com/quotes/skyla-dawn-cameron/expensive-shit-was-usually-uglier-than-fuck/)

[Skyla Dawn Cameron](https://sms4smile.com/quotes/author/skyla-dawn-cameron/)

> [“As ugly as the truth is, it's even uglier when someone says out loud what you've been thinking to yourself.”](https://sms4smile.com/quotes/anonymous/as-ugly-as-the-truth-is-it-s-even-uglier-when-someone-says-out-loud/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [That moment when you finally take a decent picture and then as you continue to stare it gets uglier.](https://sms4smile.com/quotes/anonymous/that-moment-when-you-finally-take-a-decent-picture-and-then-as-you/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

## More Customer quotes

> [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [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/)

> [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/)

[Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/)

> [The purpose of this book is to supply, in the form suitable for laymen, guidance in the adoption and execution of an investment policy.](https://sms4smile.com/quotes/benjamin-graham/the-purpose-of-this-book-is-to-supply-in-the-form-suitable-for-laymen/)

[Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/)

> [Don't think OF the market. Think AS the market.](https://sms4smile.com/quotes/michael-fishman/don-t-think-of-the-market-think-as-the-market/)

Michael Fishman

> [If Wall Street crashes, does Main Street follow? Not necessarily.](https://sms4smile.com/quotes/ben-bernanke/if-wall-street-crashes-does-main-street-follow-not-necessarily/)

[Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/)

> [The exact details of how you practice value investing will vary investor to investor, but the fundamental principle of scouring the world, looking for…](https://sms4smile.com/quotes/whitney-tilson/the-exact-details-of-how-you-practice-value-investing-will-vary/)

[Whitney Tilson](https://sms4smile.com/quotes/author/whitney-tilson/)

> [The best way to hold customers is to constantly figure out how to give them more for less.](https://sms4smile.com/quotes/philip-kotler/the-best-way-to-hold-customers-is-to-constantly-figure-out-how-to/)

[Philip Kotler](https://sms4smile.com/quotes/author/philip-kotler/)

> [Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen…](https://sms4smile.com/quotes/peter-schiff/perhaps-the-most-important-reason-to-be-skeptical-of-government/)

[Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/)

> [When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/)

[Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/)

> [Corporations invest in sophisticated CRM, or Customer Relationship Management, programs to effectively oversee their relationship with their customers at every point during the buying…](https://sms4smile.com/quotes/marc-ostrofsky/corporations-invest-in-sophisticated-crm-or-customer-relationship/)

[Marc Ostrofsky](https://sms4smile.com/quotes/author/marc-ostrofsky/)

> [I believe confusion is good. Worldwide market leaders gain when there is confusion in the market.](https://sms4smile.com/quotes/subhash-chandra/i-believe-confusion-is-good-worldwide-market-leaders-gain-when-there/)

[Subhash Chandra](https://sms4smile.com/quotes/author/subhash-chandra/)

> [Damn inflation, full speed ahead,' Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.](https://sms4smile.com/quotes/bill-gross/damn-inflation-full-speed-ahead-greenspan-has-said-in-both-action-and/)

[Bill Gross](https://sms4smile.com/quotes/author/bill-gross/)

> [“When companies get big, they devote most of their care and feeding to the business that got them big. This is as it should…](https://sms4smile.com/quotes/eric-schmidt/when-companies-get-big-they-devote-most-of-their-care-and-feeding-to/)

[Eric Schmidt](https://sms4smile.com/quotes/author/eric-schmidt/)

> [“Salesmanship is usually the art of making it the prospect’s problem, the salesperson’s need or desire to earn money.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/salesmanship-is-usually-the-art-of-making-it-the-prospect-s-problem/)

[Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/)

[Browse all 9,257 Customer quotes ](https://sms4smile.com/quotes/about/customer/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "“It seems that the uglier the stock, the better the return, even when the valuations are comparable.”",
            "creator": {
                "@type": "Person",
                "name": "Tobias E. Carlisle"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/tobias-e-carlisle/it-seems-that-the-uglier-the-stock-the-better-the-return-even-when/",
            "about": {
                "@type": "Thing",
                "name": "Customer"
            },
            "@id": "https://sms4smile.com/quotes/tobias-e-carlisle/it-seems-that-the-uglier-the-stock-the-better-the-return-even-when/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/d0f/tobias-e-carlisle-283563_customer_it-seems-that-the-uglier-the-stock-the-b_7136.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/d0f/tobias-e-carlisle-283563_customer_it-seems-that-the-uglier-the-stock-the-b_7136.jpg",
                "url": "https://sms4smile.com/quotes/i/d0f/tobias-e-carlisle-283563_customer_it-seems-that-the-uglier-the-stock-the-b_7136.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“It seems that the uglier the stock, the better the return, even when the valuations are comparable.” — Tobias E. Carlisle",
                "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": "Tobias E. Carlisle",
                    "item": "https://sms4smile.com/quotes/author/tobias-e-carlisle/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "“It seems that the uglier the...",
                    "item": "https://sms4smile.com/quotes/tobias-e-carlisle/it-seems-that-the-uglier-the-stock-the-better-the-return-even-when/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/tobias-e-carlisle/it-seems-that-the-uglier-the-stock-the-better-the-return-even-when/#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
            }
        }
    ]
}
```
