Seth Klarman outlines key traits needed to become a successful investor

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Seth Klarman outlines key traits needed to become a successful investor
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Legendary investor Seth Klarman outlines the key traits needed to become a successful investor

Legendary value investor Seth Klarman highlighted the key traits investors need to have to be successful in navigating today's stock market, according to a recent interview with CNBC.where the economy's going from here and why the real estate sectorBut he also had a lot of advice for recent college graduates and investors who are tasked with navigating a more efficient stock market today than a few decades ago.

Here's what Klarman had to say about what it takes to be a successful investor, according to the interview."One of the things that's really important, there's an enormous amount of firehose of information coming at all of us all the time. And as an investor, I've learned to try to be focused on things that actually are going to move the needle for me and my portfolio.

"People should ask themselves, what are my interests? What kind of edge might I have if you're from a different country. Maybe you have great contacts in that country. Maybe you know a lot about the business culture in that country. And so my advice would be to go where you're naturally inclined and go where you think there may be interesting opportunities. Obviously, a market that's setting all time highs may not be the best place to focus a career.

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