Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees against superior performance.
![Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees against superior performance.](http://cdn.quoteddaily.com/images/seth-klarman/because-investors-are-not-usually-penalized-for-adhering-to-conventional-practices-doing-so-is-the-less-professionally-risky-strategy-even.jpg)
Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees against superior performance.