The Roots of a Value-Investment Philosophy
Read the full article at: http://yesandnotyes.com/blog/2008/07/the-roots-of-a-value-investment-philosophy/
Submitted by grammar on Sun, 2008-07-06 20:20.
(via yesandnotyes.com)
I've had the good fortune of a friend loaning to me Seth Klarman's Margin of Safety. The following are my notes on the chapter entitled "At the Root of a Value-Investment Philosophy" where Klarman writes about the three central elements to a value-investment philosophy.