I try to learn from the best, and Klarman whose 1992 book “Margin of Safety” now sells for $2,000 on Amazon is among the best. His simple rules are classic value thinking. He is willing to hold cash when the good companies are no longer available at bargain prices. We may be in such a time.
Seth Klarman: What I’ve learned from Warren Buffett
Financial Times | By Seth Klarman
As Warren Buffett was a student of Benjamin Graham, today we are all students of Warren Buffett.
He has become wealthy and famous from his investing. He is of great interest, however, not because of these things but in spite of them. He is, first and foremost, a teacher, a deep thinker who shares in his writings and speeches the depth, breadth, clarity, and evolution of his ideas. Read More
