Underperformance Quotes

• The cost of performing well in bad times can be relative underperformance in good times.

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  Seth Klarman

  Cost   Investing   Good Times  

  3212

• Most of the problems that plague our society - addiction, overeating, crime, domestic violence, prejudice, debt, unwanted pregnancy, educational failure, underperformance at school and work, lack of savings, failure to exercise - are in some degree a failure of self-control.

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  Roy Baumeister

  Educational   Pregnancy   School  

  300

• Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.

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  Peter Drucker

  Organization   Confusion   Excellence  

  4255

• 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.

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  Seth Klarman

  Wind   Long   Errands  

  1296

• Money managers have to account for their actions to their shareholders, which means they have an undue fear of underperformance. We invest only our own money. Our investments are driven by optimism, not fear.

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  Richard Chandler

  Mean   Optimism   Action  

  3714