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When you buy bargains and they become better bargains, it is easy to start to question yourself, which can impair your judgement. Real or imagined concerns about client redemptions, employee defections can greatly influence behavior away from rational.

Seth Klarman

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Seth Klarman
Age: 67
Born: 1957
Born: May 21
New York City
New York
Seth Andrew Klarman
Start
Imagined
Easy
Judgement
Impair
Away
Employee
Client
Become
Rational
Bargains
Better
Concern
Greatly
Real
Behavior
Clients
Influence
Concerns
Question
Redemption

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Individual and institutional investors alike frequently demonstrate an inability to make long-term investment decisions based on business fundamentals.
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