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Investing Classics
Margin of Safety
Seth Klarman
Klarman's out-of-print classic on risk-averse value investing, prized enough that used copies sell for four figures.
A cult favorite that treats avoiding loss as the first job of an investor.
Recommended by 4 investors
- Li LuHimalaya Capital recommended book list
- Guy Spierguyspier.com/books
- Bill AckmanAckman recommends it as an advanced value text
- Terry SmithTerry Smith's recommended reading list