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

KLARMAN, Seth A.

Item Number: 124576

New York: Harper Collins Business, 1991.

First edition of this now classic book on value investing. Octavo, original half. With an autographed note from Seth Klarman laid in. Fine in a fine dust jacket. 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.