Seth Klarman On Risk [Pt. 1]

In 1991, Seth Klarman’s now legendary book on value investing, The Margin of Safety was published for the first time. This book is by no means a substitute for Benjamin Graham’s books on the art of value investing, which were released decades before. Klarman’s text builds on the idea of value investing the was first publicized by Benjamin Graham, presenting a framework for value investing in the final years of the twenty century, and beyond. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Risk and…