Seth Klarman

Seth Klarman – Value Investing Guru

One of the best thoughts any long term investor can keep in mind is Seth Klarman’s dictum to
“replace current holdings as better bargains come along.”
Long term buy and hold is not long term buy and forget.
If you are an individual stock investor you must be active.

Seth Klarman’s Margin of Safety

Seth Klarman Video

Speeches by Seth Klarman

Articles on Seth Klarman

Seth Klarman Letters

Someday, financial markets will again decline. Someday, rising stock and bond markets will no longer be government policy – maybe not today or tomorrow, but someday. Someday, QE will end and money won’t be free. Someday, corporate failure will be permitted. Someday, the economy will turn down again, and someday, somewhere, somehow, investors will lose money and once again come to favor capital preservation over speculation. Someday, interest rates will be higher, bond prices lower, and the prospective return from owning fixed-income instruments will again be roughly commensurate with the risk.

Weather can suddenly turn foul, the navigation faulty, and the deckhands hard to understand. In short, the Fed captain and crew are proficient in theory but lack real world experience. This is an adventure into unexplored terrain, to parts unknown; the Fed has no map, because no one has ever been here before. Most such journeys end badly.

Seth Klarman Articles from ValueHuntr

Current Holdings

Other Compilations

Be Sociable, Share!

Leave a Reply

Your email address will not be published.