Seth Klarman: The Proper Wiring For A Long-Term InvestorThe Acquirer's Multiple
In Seth Klarmans’ latest shareholder letter he writes successful investing is like being a successful relief pitcher, saying:
Consider the plight of a relief pitcher. Historically undervalued, unappreciated, often used interchangeably with other relievers, and, until recently, low on the major league pay . . .
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