TIP149: Billionaire Seth Klarman’s Margin of Safety
One of the less known billionaires for people outside of the value investing community is Seth Klarman. For the past nine years, Klarman's fund has produced a 20% annual return and his fund now manages over $31 billion dollars. Klarman has a very famous book titled, Margin of Safety, which often sells for more than $700 per copy. In this episode, Preston and Stig discuss what they learned from reading Klarman's book.


