The blueprint that Klarman offers, if carefully followed, offers the investor the strong possibility of investment success with limited risk. Taking its title from Benjamin Graham’s often-repeated admonition to invest always with a margin of safety, Klarman’s ‘Margin of Safety’ explains the philosophy of value investing, and perhaps more importantly, the logic behind it, demonstrating why it succeeds while other approaches fail.
But value investing – the strategy of investing in securities trading at an appreciable discount from underlying value – has a long history – has a long history of delivering excellent investment results with limited downside risk. The myriad approaches they adopt offer little or no real prospect for long-term success and invariably run the risk of considerable economic loss – they resemble speculation or outright gambling, not a coherent investment program. Investors are all too often lured by the prospect of instant millions and fall prey to the many fads of Wall Street. About Seth Klarman Margin of Safety Book PDF You can easily find the PDF of seth klarman margin of safety book when you check A LIBRARY PACKED WITH FINANCE BOOKS IN PDF.
