Margin of Safety: Risk-Averse Value Investing

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

Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor Seth A. Klarman ebook
ISBN: 0887305105, 9780887305108
Page: 249
Format: pdf
Publisher: HarperCollins

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.. Klarman published a classic book on investing, Margin of Safety, Risk Averse Investing Strategies for the Thoughtful Investor, which is now out of print and has fetched upwards of $1,000-2,000 per copy in used markets. 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! In 1991, Klarman authored Margin of Safety, Risk Averse Investing Strategies for the Thoughtful Investor, which since has become a value investing classic. Seth Klarman – President of The Baupost Group, which manages about $22 billion, he worked for famed value investors Max Heine and Michael Price of the Mutual Shares. Margin of Safety Risk-Averse Value Investing Strategies for the Thoughtful Investor // Author - Seth. It would be hard to evaluate yourself on risk, since risk cannot be measured. A scanned version of “Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor” has been circulating around trading floors. Seth Klarman: Even the best investors judge themselves on the basis of return. 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. Apart from his investment performance, Klarman is famous for writing a book on value investing: Margin of Safety – Risk Averse Value Investing Strategies for the Thoughtful Investor. Margin of Safety Risk-Averse Value Investing Strategies for the Thoughtful Investor - Seth Klarman d. ǚ�中文版已經絕版。 這本是Graham的另一本經典The Intelligent Investor 我找到的資源，一定要看看.