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

Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor is a timeless classic written by legendary value investor Seth Klarman. This highly sought-after book lays out a disciplined and conservative approach to investing, rooted in the principles of risk management and long-term value creation. Klarman draws on the teachings of Benjamin Graham and Warren Buffett, yet brings a unique perspective, emphasizing the importance of a "margin of safety" — a buffer between what an investor pays and what an asset is truly worth. With clear insights and real-world examples, he explains how to avoid speculative traps, identify undervalued opportunities, and make investment decisions that protect capital even in volatile markets. Whether you're a seasoned investor or just starting out, this book offers a deep understanding of how to invest thoughtfully, patiently, and successfully — by focusing on what really matters: minimizing risk and maximizing long-term returns.

Book title : Margin of Safety

Author : Seth Klarman

Language ‏ : ‎ English

Paperback‏ ‏ : ‎ 224 pages

ISBN-10 ‏ : ‎ 0887305105

ISBN-13 ‏ : ‎978-0887305108