Recommended reading list klarman himself has written one of the most coveted books on value investing, margin of safety. Riskaverse value investing strategies for the thoughtful investor oct 1, 1991. In an interview with charlie rose, he discussed the popularity of his shareholders letters and a request on behalf of harpercollins to write and publish a book on investing. Imprint satement of place, publisher and date of publication on a books title page. Klarman is known as a value investor and is currently the chief executive and portfolio manager of the baupost. Seth klarmans book margin of safety has been a better. Maisie dobbs by jacqueline winspear, the daily show the audiobook. The book discusses klarman s views about value investing, temperance, valuation, portfolio management, among other topics. Seth klarman of baupost group great value investors series. If your face isnt pulling in the babes, your penis isnt going to make the. Charlie rose interviews seth klarman facing history and ourselves new york benefit dinner. This is a great interview between charlie rose and seth klarman seth klarman is a value investing legend. If you have not seen this interview, it is fantastic. The investor seth klarman, in a rare interview, offers a.
Margin of safety is an excellent guide for investors because it focuses on how to succeed by not failing. In july 6, 2018, a kindle edition of the book was quietly released to the amazon website. Seth klarman interview with charlie rose market folly. In a 2017 interview with charlie rose, klarman considered reissuing a. The book is out of print,is one of the most stolen books from libraries, and sells for thousands of dollars online. He is the chief executive and portfolio manager of the baupost group, a bostonbased private investment partnership he founded in 1982.
Jun 26, 2019 seth klarmans book pays tribute to benjamin graham, the father of value investing and buffett, but also describes his own unique value investing philosophies. It refers to the discount between the price an investor pays for an asset, and its true value. In this rough transcript of an interview with seth klarman by charlie. Billionaire investor seth klarman is the money man behind the glossy new online times of israel. Through the 1990s and 2000s, klarmans fund grew to. Hes often likened to warren buffett when it comes to investment style and philosophy, so much so that seth klarman is even referred to as the oracle of boston, aping buffets own oracle of omaha moniker. Klarman has chosen several highyielding stocks for his portfolio, some of which account for large percentages of his portfolio. I took one of the most important value investing books ever written, april 29, 2009. Riskaverse value investing strategies for the thoughtful investor is a 1991 book written by american investor seth klarman, manager of the baupost group hedge fund. An interview with seth klarman and charlie rose from facing history and ourselves on vimeo check out this video from november 1 in new york. Investing is the intersection of economics and psychology seth. In a 2017 interview with charlie rose, klarman considered reissuing a limited edition copy of margin of safety with proceeds going to charity but was otherwise not interested in reviving the book. Klarman is known as a value investor and is currently the chief executive and portfolio manager of the baupost group, a bostonbased private investment partnership. Seth klarmans margin of safety provides riskaverse value investing strategies for the.
Typically early printed books and especially manuscripts. Sixth edition, foreword by warren buffett, commentary by seth a. Watch seth klarman explain how the human side connects to the computing side. The contrarian gene seth klarman valuewalk premium. Klarmans view of warren buffetts three stages of investing. On november 1, 2011, charlie rose interviewed superinvestor seth klarman for the facing history and ourselves new york benefit dinner. Nothing much happened, and klarman went back to his knitting.
Jamie dimon on the 2008 election and the issues most important to him. Since founding his investment partnership in 1983, klarman has. Riskaverse value investing strategies for the thoughtful investor book online at best prices in india on. Klarman s view of warren buffetts three stages of investing. His book margin of safety is rumoured to sit on warren buffetts desk and. Just yesterday, we posted up notes from seth klarman s margin of safety so we figured this was a very appropriate follow up. Jan, 2017 this is a great interview between charlie rose and seth klarman seth klarman is a value investing legend. The video interview starts with talk about his nonprofit facing history for the first 18 minutes or so. The ben graham center for value investing seth klarman. In 1991, billionaire hedge fund manager seth klarman published a 250page book about investing.
Notes from seth klarmans margin of safety market folly. Nov 26, 2011 value investing world is a blog dedicated to promoting the multidisciplinary approach to investing and development of as charlie munger describes it a latticework of mental models. Seth klarman quote and some thoughts on deliberate practice in investing. And he does do the odd interview here and there, such as this revealing chat with charlie rose on the topic of margin of safety. Just yesterday, we posted up notes from seth klarmans margin of safety so we figured this was a very appropriate follow up. The book discusses klarmans views about value investing, temperance. Klarman has written many annual letters to shareholders but has kept a limited role in writing articles, opinion editorials or books. The author of this presentation claims to have read margin of safety 4 times.
Seth klarmans book margin of safety has been a better investment than his hedge fund. Charlie rose video with seth klarman on november 1, 2011 with some. Seth klarmans book margin of safety has been a better investment. Thanks to a reader for sending us the following notes from seth klarmans famous book, margin of safety. Seth klarman, margin of safety author, on value investing.
Interview with seth klarman, mba 1982 born to be an entreprenuer. An oral history as told by jon stewart, the correspon. Article about klarman and deep value investing from super investor digest september 8, 2006. Stanley druckenmiller discusses the sustainability of entitlements, economic growth, and incentives. Seth klarman, margin of safety author, on value investing money. Seth andrew klarman born may 21, 1957 is an american billionaire investor, hedge fund manager, and author. How margin of safety by seth klarman gained a cult. And to his credit, this margin of safety pdf download is the 30 biggest ideas extracted from klarmans margin of safety. When hes not making billions of dollars on the financial markets, klarman can often be seen giving his wealth away, and is a particularly big donor to jewish organizations such as such as the american jewish. Nov 30, 2011 an interview with seth klarman and charlie rose from facing history and ourselves on vimeo check out this video from november 1 in new york. Although largely focused on linking to investing and economic material it deems of interest, it will also post and link to material from other disciplines. The first 18 minutes is about facing history, his nonprofit organizaiton. Jan 17, 2018 this video is an interview clip where seth klarman describes the motivation behind his book margin of safety and also explains why the book is no longer actively for sale. This video is an interview clip where seth klarman describes the motivation behind his book margin of safety and also.
And to his credit, this margin of safety pdf download is the 30 biggest ideas extracted from klarmans margin of. Sep 07, 2015 klarman told celebrity interviewer charlie rose in 2011. In a 2011 interview with television journalist charlie rose, klarman. Mar 17, 2020 seth klarman margin of safety seth klarman letter though klarman has written many annual letters to shareholders he has kept a limited role in writing articles, opinion editorials or books. Page 3 foreword with the possible exception of warren buffett, no investor today commands more respect than baupost groups seth klarman. He has a less ideological outlook than other wouldbe barons of israeli media. The term margin of safety is a key concept of value investing. A few months back, charlie rose interviewed baupost groups legendary investor seth klarman. Charlie rose has 20 books on goodreads with 71 ratings. Transcript of an interview with seth klarman by charlie rose. For many people that struggle to read the intelligent investor by benjamin graham, theres good news, billionaire seth klarman has written a book that does a better job of outlining the value investing approach. In a 2011 interview with charlie rose, klarman said that the book was all but impossible to buy except at a very steep premium. Klarman says in a 2011 interview with charlie rose. A pristine copy of seth klarmans book margin of safety, published in.
Klarman told celebrity interviewer charlie rose in 2011. You see, klarman is a bit of a value investing legend. Seth klarman margin of safety seth klarman letter though klarman has written many annual letters to shareholders he has kept a limited role in writing articles, opinion editorials or books. The softspoken man behind times of israel the forward. At times, issue refers to timing, such as the first. In the charlie rose interview, klarman said he had considered. One of my favorite nuggets is the following see 25. This video is an interview clip where seth klarman describes the motivation behind his book margin of safety and also explains why the book is no longer actively for sale. Seth klarmans book pays tribute to benjamin graham, the father of value investing and buffett, but also describes his own unique value investing philosophies. Jun 14, 2017 charlie rose interviews seth klarman facing history and ourselves new york benefit dinner. A disgusted seth meyers tears into charlie rose vanity fair. Charlie rose video with seth klarman on november 1, 2011 with some notes i took while watching the video. Seth klarman biography, age, wife, book, portfolio, baupost.
How margin of safety by seth klarman gained a cult following. Seth klarman interview by charlie rose 2011 value investing duration. Riskaverse value investing strategies for the thoughtful investor by seth a. Seth klarman interview by charlie rose all value investing. During an interview with charlie rose, he discussed the popularity of his shareholders letters and a request on behalf of harpercollins to write and. On a recent interview with charlie rose, he quipped that he is still in warren buffetts first stage of investing looking for cigarbutts. Seth klarman posted on august 6, 2014 11 comments when men live by tradewith reason not force, as their final arbiterit is the best product that wins, the best performance, the man of best judgment and high ability and the degree of a mans productiveness is the degree of his reward. Riskaverse value investing strategies for the thoughtful. Issue a group of books issued by the publisher as a discrete unit. What fascinates me about seth klarman is that he never moved beyond the cigar butt deep value style of investing, while many value investors eventually adopt the buffettmunger style of finding quality companies at attractive prices. Thats how much seth klarmans book, margin of safety, regularly sells for online. A disgusted seth meyers tears into charlie rose heres a good rule of thumb, the late night host said. Apr 10, 2014 and he does do the odd interview here and there, such as this revealing chat with charlie rose on the topic of margin of safety.