Rare Seth Klarman Article: Why Value Investors Are Different [Pt.1]

On February 15, 1999, Barron’s magazine published an opinion piece entitled, Why Value Investors Are Different. The article looked at one of the most important periods of Warren Buffett’s career and was written by none other than Seth A. Klarman. As usual, Seth Klarman’s insights are invaluable. So, here are some key takeaways from the article. Seth Klarman: Why value investors are different Seth Klarman begins his piece on Warren Buffett with the following statement: “The most dramatic and valuable lesson from the fabulous (and still counting) 50-plus-year investment career of Warren Buffett is the legendary account of his steadfast…