Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor
By
Seth A. Klarman
Book Summary:
Klarman's 'Margin of Safety' explains the philosophy of value investing, and perhaps more importantly, the logic behind it, demonstrating why it succeeds while other approaches fail. The blueprint that Klarman offers, if carefully followed, offers the investor the strong possibility of investment success.