"HARD WORK, UNUSUALLY STRICT DISCIPLINE, AND A LONG-TERM INVESTMENT HORIZON": FIRST EDITION SETH KLARMAN'S OF MARGIN OF SAFETY
Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor.
Klarman, Seth A.
Item Number: 97837
New York: Harper Collins Business, 1991.
First edition of this now classic book on value investing. Octavo, original half. Fine in a fine price-clipped 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.