Thirty Big Ideas from Seth Klarman’s Margin of Safety by Vishal Khandelwal, Safal Niveshak
With the possible exception of Warren Buffett, no investor today commands more respect than Baupost Group’s Seth Klarman.
Since founding his investment partnership in 1983, Klarman has not only produced unrivaled returns (in excess of 20% per year), but he has also from time to time offered wise and timeless commentary on markets and the craft of investing.
He is the author of Margin of Safety, Risk Averse Investing Strategies for the Thoughtful Investor, which became a value investing classic ever since it was first published in 1991.
David Einhorn's Greenlight Capital funds were up 11.9% for 2021, compared to the S&P 500's 28.7% return. Since its inception in May 1996, Greenlight has returned 1,882.6% cumulatively and 12.3% net on an annualized basis. Q4 2021 hedge fund letters, conferences and more The fund was up 18.6% for the fourth quarter, with almost all Read More
As I was reading Margin of Safety for the third time, I thought of collating the key ideas Klarman has written about, and present to you as a compilation.
These ideas are hardly all encompassing of the wisdom Klarman distills through this amazing book, but these have helped me as an investor over the years. This book was written more than 20 years ago, yet Klarman’s ideas are perfectly suitable today.
All ideas in this Special Report represent direct quotes of Seth Klarman from Margin of Safety. I have not tried to interpret them for the simple reason that I couldn’t have said better what Klarman says through these thoughts.
Click on the image below to read the 30 big ideas that Klarman presents through Margin of Safety, which I believe can help you become a more sensible and simpler investor.
If you can’t see the image above, click on the following link to access the E-Book…
(You can also ‘right click’ and ‘save as’ to download the file)