"There are only a few things investors can do to counteract risk: diversify adequately, hedge when appropriate, and invest with a margin of safety. It is a precisely because we do not and cannot know all the risks of an investment that we strive to invest at a discount. The bargain element helps to provide a cushion for when things go wrong."

-- Seth Klarman

#Safety Quotes #Risk Quotes #Helping Quotes

“[Turkish women] had lived free of the veil for 5,000 years, and had been covered only in the last 600 years.”
“You go shake your foundations, Will. I think it's about time I saved myself.”
“What I like so much about photography is precisely the moment that cannot be anticipated; one must be constantly on the alert, ready to acclaim the unexpected.”
“When you stand alone and sell yourself, you can't please everyone. But when you're different, you can last.”

Source : "What I've Learned: Don Rickles". Interview with Mike Sager, www.esquire.com. January 29, 2007.
“In art the Greeks were the children of the Egyptians. The day may yet come when we shall do justice to the high powers of that mysterious and imaginative people.”
“I remain a fan of my friend Bret Easton Ellis's 'American Psycho.' I think as a book about New York in the '80s it was pretty excellent.”
“In America, sex is preached; in France, it is done.”

Source : "Personal Quotes/ Biography". www.imdb.com.
“Financial crises are an unfortunate but necessary consequence of modern capitalism.”

You may also like:

Benjamin Graham
Investor
Bill Ackman
Hedge fund manager
Charlie Munger
Business person
David Einhorn
Hedge fund manager
David Tepper
Manager
Joel Greenblatt
Manager
Mohnish Pabrai
Investor
Walter Schloss
Investor
Warren Buffett
Investor