Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor Seth A. Klarman
Publisher: HarperCollins

Margin of Safety: Risk-Averse Value Investing Strategies for the. But we are not like private equity investors or venture capitalists. Only Castles Burning, saying, 'Investor Seth Klarman, founder of the hedge fund Baupost Group, wrote a book on value investing, called Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor. Next, he demonstrated how the risk premium graph (X-axis = risk, Y-axis = return) fluctuates, becoming too shallow a line when investors are complacent, e.g. Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor [Seth A. MARGIN OF SAFETY: RISK-AVERSE VALUE INVESTING STRATEGIES FOR THE THOUGHTFUL INVESTOR. From MARGIN OF SAFETY Risk-Averse Value Investing Strategies for the Thoughtful Investor. Seth Klarman wrote a book nearly 20 years ago titled Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor. Seth Klarman – Margin of Safety (Risk-Averse Value Investing Strategies for the Thoughtful Investor). Sure, as value investors, we want exposure to positive black swans. If value investing is being discussed, Seth Klarman's name is bound to come into the picture. We are far more stingy and risk averse than those people. This morning, we look at investing in fixed income and some of the ways investors are trying. Prior to 2008, when very little premium was demanded for considerable risk, the example was given of pension fund trustees that Marks talked to at the height of the crisis in 2008 who refused to buy junk bonds, despite them offering once-in-a-lifetime exceptionally high returns, and a huge margin of safety! [2] In addition, having too much information about a business can be harmful to decision-making. [1] P157, 'Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor', Seth Klarman, 1991. On the Web, the price for his out-of-print 1991 book — “Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor” — has gone for $1,200 on Amazon and $2,000 on eBay.