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Quotes from Seth Klarman Interview
Seth A. Klarman remarks at MIT
valuehunter.files.wordpress.comBuffett acolyte Guy Spier wrote in his book, The Education of a Value Investor,
Danielle Town, Phil Town • Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life (with a Little Help from Warren Buffet, Charlie Munger, and My Dad)
My friend and fellow value investor, Chris Browne, President of Tweedy Browne,describes what value investors do by telling this story. He was interviewing a new trader andafter the interview, walked them through the Tweedy Browne offices. At the elevator on theirway out, the trader commented, “At other Wall Street firms, just by walking through the... See more
Seth Klarman • Seth A. Klarman remarks at MIT
The best investors do nottarget return; they focus first on risk, and only then decide whether the projected return justifiestaking each particular risk.