In investing,whenever you act,you are effectively saying,
“I know more than the market.I am going to buy when everyone else is selling.I am going to sell when everyone else is buying.”
That is arrogant.
-Seth Klarman
In investing,whenever you act,you are effectively saying,
“I know more than the market.I am going to buy when everyone else is selling.I am going to sell when everyone else is buying.”
That is arrogant.
-Seth Klarman