The Value Hunter Seth Klarman Searches For Bargains — Barron’s 1991 [Part Two]Rupert Hargreaves
After discussing how he went about finding value, and the conservative method used to arrive at an intrinsic value, Seth Klarman moved on to talk about the value mentality. Specifically:
"Barron's: There was a time, not very long ago, when everyone was a value investor.
Klarman: In the mid-to-late' Eighties, you had this explosion or proliferation of investors in what I would call private market value, which is a very dangerous term . . .
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