Seth Klarman Quotes

Below, We Itemize Some Of The Quite Different Lessons Investors Seem To Have Learned As Of Late 2009 - False Lessons, We Believe. To Not Only Learn But Also Effectively Implement Investment Lessons Requires A Disciplined, Often Contrary, And Long-term-oriented Investment Approach. It Requires A Resolute Focus On Risk Aversion Rather Than Maximizing Immediate Returns, As Well As An Understanding Of History, A Sense Of Financial Market Cycles, And, At Times, Extraordinary Patience.

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