Notes on Margin Of Safety
Margin of Safety – Risk-Averse Value Investing Strategies for the Thoughtful Investor" is a name of a book written by Seth A. Klarman, a successful value investor. This book is no longer published and sometimes can be found on eBay for more than $1000.
"Investing is serious business, not entertainment."
Some notes on this book is available here.
Additional Readings:
Off-Topic Readings:
Parting Thought:
- "The market works in every scenario -- if rates go down, the market says 'soft landing', and if rates go up, the market says 'economy is strong, so profits and earnings are great." - Barry Hyman
