Quotation Collection

Don't follow your passion, but always bring it with you. Mike Rowe

• passion

This is God's universe, and God does things His way. You may have a better way, but you don't have a universe. J. Vernon McGee

• God

Character is what you have left when you've lost everything you can lose. Evan Esar

• character

In investing, there are times when the best thing to do is nothing at all. Seth Klarman

• investing

In investing it is never wrong to change your mind. It is only wrong to change your mind and do nothing about it. Seth Klarman

• investing

I find it preposterous that a single number reflecting past price fluctuations could be thought to completely describe the risk in a security. Seth Klarman

• investing

The trick of successful investors is to sell when they want to, not when they have to. Investors who may need to sell should not own marketable securities other than U.S. Treasury bills. Seth Klarman

• investing

While knowing how to value businesses is essential for investment success, the first and perhaps most important step in the investment process is knowing where to look for opportunities. Seth Klarman

• investing

Investors frequently benefit from making investment decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy in at prices so low that they offer a margin of safety despite the incomplete information. Seth Klarman

• investing