Behind the Balance Sheet cover image

#19 The Value Investor

Behind the Balance Sheet

CHAPTER

The Value Investing World

Seth Klarman: I spent 40 or 50 pages of my 2015 letter on the analysis of Berkshire Hathaway. He said, if you want to grow institutionally, you have to get this letter out into the world. It's really all the four or five methods that I would use to value the company he thought was important to share with our clients. "I'm so blessed to do this because it's never been a job," says Klarman.

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