Seth Klarman: Investors Always Need A Strategy To Guide Them

"Many investors lack a strategy that equips them to deal with a rise in volatility and declining markets," Seth Klarman told his audience in a speech at MIT in 2012.

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Klarman was talking about the benefits of having a strategy, such as value investing, to provide a guide in uncertain times.

The benefits of value investing

The stock market is a highly uncertain environment. It is almost impossible to tell what the future holds for stock prices. In the short-term, the market is highly unpredictable, and to some extent, it is in the long-term as well.

If you’re looking for value stocks, and exclusive...