How Seth Klarman Achieved A 20% Annual Return For 30 Years
Investing principles from one of Warren Buffett’s favorites
Published in
6 min readJun 21, 2022
At the last shareholder conference of Berkshire Hathaway, Warren Buffett confessed that there is only one book that he reads “almost daily”.
It’s a book so unpopular and rare, that buying it on Amazon will cost you upwards of 3,000 dollars. It’s called “Margin of Safety”, and it was written by one of the greatest value investors of all time: Seth Klarman.