Seth Klarman rarely speaks, and when he does he usually uses his words sparingly. Seth Klarman was interview by Jason Zweig of the WSJ several months ago. The full transcript was not available until yesterday. Thanks to Whitney Tilson I was able to get a copy of the full interview. If you want to hear from one of the greatest investors ever read the whole interview. Klarman discusses financial reform, his views on inflation, recommended books, value investing, and how he manages his $20 billion hedge fund.

Below is the full interview in scribd, for best reading view in full screen mode.

Seth Klarman CFA Presentation