Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor.

KLARMAN, Seth A.

Item Number: 148259

New York: Harper Collins Business, 1991.

First edition of this now classic book on value investing. Octavo, original half-cloth. Very good in a near fine dust jacket with spotting to the top and fore-edge of the text block. Jacket design by Barry Littmann. Photograph by Mark Morelli.

The 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 with limited risk.