InspiringQuotes

Seth Klarman Quotes:

Ocupation: Author

Life: b. May 21, 1957

Birthday: May 21

The average person can’t really trust anybody. They can’t trust a broker, because the broker is interested in churning commissions. They can’t trust a mutual fund, because the mutual fund is interested in gathering a lot of assets and keeping them. And now it’s even worse because even the most sophisticated people have no idea what’s going on.

- Seth Klarman

topic: Average, Ideas, People, Brokers, Churning

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