Seth Klarman Quotes
Most popular Seth Klarman Quotes
Sometimes buying early on the way down looks like being wrong, but it isn't.
Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.
The stock market is the story of cycles and of the human behaviour that is responsible for overreactions in both directions.
We think the biggest edge any investor can have... is a long-term orientation. It's easy for people to say they have a long-term orientation, but it's harder to actually have one.
It would be silly to expect every bear market to turn into the Great Depression. It would be equally wrong to expect that a fall from overvalued, to more fairly valued, couldn't badly overshoot on the downside.
