Reddit reviews Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor
We found 13 Reddit comments about Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor. Here are the top ones, ranked by their Reddit score.
Read “Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor” by Seth Klarman. It’s only $1,000 on Amazon. https://www.amazon.com/Margin-Safety-Risk-Averse-Strategies-Thoughtful/dp/0887305105
One of the rarest books out there is "Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor" 1st Edition
by Seth A. Klarman. Will fetch you $1,000+ on Amazon and people WILL buy it at that price.
There's a pretty interesting story behind it. Klarman is a famous investor and he only sold a few thousand copies then ceased production. It's considered a "holy grail" for anyone into investing/trading.
Agreed, rich dad blows. It's a complete joke along with most of the parents' book recs.
Edit: OP, in the spirit of being constructive I'm going to link you to one of my favorite investing books. It's written by one of the best contemporary value investors, Seth Klarman. Klarman, through his investment organization--The Baupost Group, has returned upwards of 20% annually for years. His 1991 book, "Margin of Safety", sells on Amazon and the like for $1500+.
Link to the Margin of Safety PDF
For a book about mutual funds you can do no better than "The Bogleheads Guide to Investing"
> Yeah, that is why his book sells more than $1000 at ebay and Amazon !!!
Wait, seriously?
https://www.amazon.com/Margin-Safety-Risk-Averse-Strategies-Thoughtful/dp/0887305105
Yep, it's $1,190.54. Holy cow.
I bought a couple of these when I was just starting out.
Nowadays I keep one or two around as paper weights and used the rest just to wipe my ass.
The cheapest used copy is $794 :-0
Did people here snap up all the cheap copies after your post?
Investment professional here (well, a new one, I am an analyst)
Read this:
Do this
Good luck.
Yes OP, this is an answer you are looking for. Read about value investing, another good book to read is Seth Klarman's The Margin of Safety. And if you don't know who Seth Klarman is you have to look it up.
I'm reading Margin of Safety right now, though it is extremely expensive. Was recommended to me by someone in another thread. It's about value investing.
Margin of Safety
Seriously this is like one of the best known investment books out there. It's up there with Intelligent investor, and Security Analysis...
Margin of Safety by Seth Klarman. The market has spoken and it's the best.
More seriously, I'd go with Security Analysis by Benjamin Graham and David Dodd. It's a little more dense compared to Intelligent Investor, but definitely digestible with an undergrad understanding of econ.
*Oh, and the Hull text is the derivatives bible.
[Fooling Some of the People All the Time] (http://www.amazon.com/Fooling-People-Complete-Updated-Epilogue/dp/0470481544) is a really good book on short selling.
[Quantitative Value] (http://www.amazon.com/Quantitative-Value-Web-Site-Practitioners/dp/1118328078) is a really good book as well.
If you can afford it, [Margin of Safety] (http://www.amazon.com/Margin-Safety-Risk-Averse-Strategies-Thoughtful/dp/0887305105/ref=sr_1_1?s=books&ie=UTF8&qid=1415645406&sr=1-1&keywords=margin+of+safety) is the holy grail of value investors.