J. V. Bruni and Company
1528 North Tejon Street
Colorado Springs, Colorado 80907
(719) 575-9880 or (800) 748-3409
J. V. Bruni and Company1528 North Tejon Street Colorado Springs, Colorado 80907 (719) 575-9880 or (800) 748-3409
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Margin of Safety, Risk-Averse Value Investing Strategies for the
Thoughtful Investor,
by Seth Klarman. 
Divided into
three parts, this book effectively explains why investors, both
individual and professional, find it hard to achieve superior investment
performance; why value investing offers the best chance to overcome the
obstacles to successful investing; and how to approach the concept of
intrinsic value. The specific investment examples contained in the book
are a bit dated (20+ years ago) but serve to illustrate the
importance of independent thinking and judgment in the art of business
valuation. Above all, Klarman consistently reminds readers where the
greatest risks to investing success lie and offers ideas on how to
address them. Because this out-of-print book is hard to find, prices
can run high for a used copy. If your library has a copy, it’s well
worth your time. |
ISBN-13: 978-0887305108
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