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 individial investor you must be active.
Speeches by Set Klarman
Summary of speech given by Seth Klarman at the Columbia Business School in 2006.
Speech to MIT
Notes taken from a Columbia Business School conference presented on October 2, 2008.
Articles on Seth Klarman
Margin of Safety Notes by Ronald R. Redfield.
Margin of Safety Notes by stableboyselections.
NY Times Article.
Current Holdings
Other Compilations
Excellent Seth Klarman compilation at Value Stock Plus. Includes a link to complete scanned version of Margin of Safety.