Seth Klarman, Legendary investor, founder of Baupost Group, and author of the $1,200, much sought after, and out of print, now classic investing book, Margin of Safety, recently spoke to the Ivey School of Business sharing his thoughts and wisdom on investing as well as his methodology. This is a rare and valuable lecture, a must listen, and contextually relevant as it is very recent, recorded on March 17th, 2009.
You may view the video courtesy of Ivey School of Business' Ben Graham Centre for Value Investing.
Bio (Wikipedia):
Seth Klarman is the founder and president of The Baupost Group, a Boston-based private investment partnership, and the author of a book on value investing. Klarman is notable for his willingness to hold significant amounts of cash in his investment portfolios, sometimes in excess of 50% of the total[1]. In 1991, Klarman authored Margin of Safety, Risk Averse Investing Strategies for the Thoughtful Investor, which since has become a value investing classic. Now out of print, Margin of Safety has sold on Amazon for $1,200 and eBay for $2,000.[2] Before founding Baupost, Klarman worked for Max Heine and Michael Price of the Mutual Shares fund (now a part of Franklin Templeton Investments).
Klarman is a graduate of Cornell University and Harvard Business School. [3]
