#2910
Mentioned in 18 episodes
Margin of Safety
Risk-Averse Value Investing Strategies for the Thoughtful Investor
Book • 1991
In 'Margin of Safety', Seth Klarman discusses his views on value investing, drawing from the concepts of Benjamin Graham and David Dodd.
The book critiques speculative investing and institutional investing practices, advocating for a disciplined and risk-averse approach.
Klarman emphasizes the importance of understanding the intrinsic value of investments, avoiding false precision in valuations, and maintaining a margin of safety to mitigate potential losses.
The book is divided into sections that cover the philosophy of value investing, the critique of institutional investing, and practical strategies for determining value and managing portfolios.
The book critiques speculative investing and institutional investing practices, advocating for a disciplined and risk-averse approach.
Klarman emphasizes the importance of understanding the intrinsic value of investments, avoiding false precision in valuations, and maintaining a margin of safety to mitigate potential losses.
The book is divided into sections that cover the philosophy of value investing, the critique of institutional investing, and practical strategies for determining value and managing portfolios.
Mentioned by
Mentioned in 18 episodes
Mentioned by Michael Batnick in relation to a Bloomberg article discussing his fund's performance and investment philosophy.
73 snips
Your Budget Sucks (EP.397)
Mentioned by 
Preston Pysh as a highly sought-after book in the value investing space, known for its limited print run.
Preston Pysh as a highly sought-after book in the value investing space, known for its limited print run.
66 snips
BTC231: Bitcoin Nation State Adoption Paradox - A Trojan Horse w/ Alex Gladstein (Bitcoin Podcast)
Recommended by Porter Collins as a favorite, emphasizing its focus on downside protection and long-term value investing.
28 snips
Porter Collins and Vincent Daniel - Big Shorts and Big Longs (Capital Allocators, EP.325)
Mentioned by 
Ted Seides as the author of Margin of Safety and editor of the seventh edition of Graham and Dodd's Security Analysis.
Ted Seides as the author of Margin of Safety and editor of the seventh edition of Graham and Dodd's Security Analysis.27 snips
2023 Top Episode #1: Seth Klarman – Timeless Value Investing, EP.328
Mencionado por Edgar Fernández como una lectura recomendada para inversores, destacando su enfoque filosófico.
18 snips
Todos los SECRETOS para Encontrar las JOYAS Ocultas de la BOLSA | Edgar Fernández #52
Mentioned by David Rubenstein as a legendary book on the margin of safety concept.
Lessons From Great Investors
Mentioned by Natan Lempert as a book written by Seth Klarman, mostly based on Benjamin Graham's book, "The Intelligent Investor".
#131 Natan Lempert, Co-Founder and CEO of Built AI
