Seth Klarman Quotes:
Ocupation: Author
Life: b. May 21, 1957
Birthday: May 21
To value investors the concept of indexing is at best silly and at worst quite hazardous. Warren Buffett has observed that "in any sort of a contest - financial, mental or physical - it's an enormous advantage to have opponents who have been taught that it's useless to even try." I believe that over time value investors will outperform the market and that choosing to match it is both lazy and shortsighted.
topic: Believe, Silly, Lazy, Warren Buffet, Indexing
