The single greatest edge an investor can have is a long-term orientation.

Seth Klarman

Investors

Seth Klarman

Born in 1957 in New York, Seth Klarman founded the Baupost Group in 1982 with 27 million dollars in seed capital and has compounded it at roughly 20% annually ever since. He carries forward Benjamin Graham's margin-of-safety concept into the modern era; his book Margin of Safety became an investing classic that commands over a thousand dollars on the secondhand market. He is known as 'the Oracle of Boston.'

View this figure's profile

Source: Margin of SafetyUnverified

Seth Klarman's Other Quotes

Value investing is at its core the marriage of a contrarian streak and a calculator.

The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.

At the root of all financial bubbles is a good idea carried to excess.

Related Quotes

Our time horizon is five years. We are not focused on the next quarter.

-- Cathie Wood

Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.

-- Jack Ma

Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.

-- Peter Lynch

Know what you own, and know why you own it.

-- Peter Lynch

Invest in what you know.

-- Peter Lynch

The key to making money in stocks is not to get scared out of them.

-- Peter Lynch