Value Investor Quotes

#1. I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.

James Chanos

#2. The strategy of buying what's in favor is a fool's errand, ensuring long-term underperformance. Only by standing against the prevailing winds - selectively, but resolutely - can an investor prosper over time. But for a while, a value investor typically underperforms.

Seth Klarman

#3. To be a value investor, you have to be willing [and able] to suffer pain.

Jean-Marie Eveillard

#4. The late 90s almost forced me to identify myself as a value investor, because I thought what everybody else was doing was insane.

Michael Burry

#5. To a value investor, investments come in three varieties: undervalued at one price, fairly valued at another price, and overvalued at still some higher price. The goal is to buy the first, avoid the second, and sell the third.

Seth Klarman

#6. While it might seem that anyone can be a value investor, the essential characteristics of this type of investor-patience, discipline, and risk aversion-may well be genetically determined.

Seth Klarman

#7. Famed value investor Guy Spier has managed to write what is both a gripping memoir and a fascinating study of what it takes to succeed in investing and life. A must read!

John Mihaljevic

#8. An elderly black man with gray hair said, "Every bottle should come with a warning: 'This bottle may cause you to lose your job. This bottle may cause you to get a divorce. This bottle may cause you to become homeless.

Akhil Sharma

#9. If the response you finally receive from me is 'thanks but no thanks', then please accept at face value that I would really not be the right investor for you. You've got to trust me on this, and in this case take 'no' for an answer.

David S. Rose

#10. These people are beyond all limits of incompetence,' said Lakshman, as he steered his horse close to his brother.

Amish Tripathi

#11. The value of the security analyst to the investor depends largely on the investor's own attitude. If the investor asks the analyst the right questions, he is likely to get the right or at least valuable answers.

Benjamin Graham

#12. Leaving is never easy.

Veronica Rossi

#13. We sometimes need to create unreal monsters and bogies to stand in for all the things we fear in our real lives.

Stephen King

#14. The purchase of a bargain issue presupposes that the market's current appraisal is wrong, or at least that the buyer's idea of value is more likely to be right than the market's. In this process the investor sets his judgement against that of the market. To some this may seem arrogant or foolhardy.

Benjamin Graham

#15. It is progress when a centuries-old oak is cut down to give space for a road sign.

Thor Heyerdahl

#16. Jesus asks for everything, but we try to give Him less.

Francis Chan

#17. Rebellion never goes without consequences.

Andy Stanley

#18. I first became familiar with Dave Eggers's work when I was living in San Francisco and enrolled at USF's MFA Program.

James Bernard Frost

#19. My mouth only does one thing well, and talking's not it.

Melissa Cutler

#20. Accountants come in pairs these days. A middle-aged man in a dark suit and a sheen of perspiration, plus his younger accomplice, a woman who looks like her hobbies are arranging things in rows and making right angles.

Harry Bingham

#21. No one tells the truth to people they don't actually know, and if they do it is a horrible trait. Everyone wants something smaller, something neater than the truth.

Ann Patchett

#22. An investor calculates what a stock is worth, based on the value of its businesses.

Benjamin Graham

#23. A value strategy is of little use to the impatient investor since it usually takes time to pay off.

Seth Klarman

#24. There are so many choices I made simply for health insurance. Is it the ideal role I wanted to play, or the TV show I wanted to be a part of? No, but it let me afford to go to the doctor.

Amy Ryan