S&P 500 · SPY
769.64
▲ +5.65 (+0.74%)
DOW JONES · DIA
511.10
▲ +2.48 (+0.49%)
NASDAQ · QQQ
749.58
▲ +7.55 (+1.02%)
GOLD · GLD
$380.14
▼ -2.62 (-0.68%)
OIL (WTI) · USO
$147.37
▼ -2.65 (-1.77%)
BITCOIN
$84,822.84
▲ +69.28 (+0.08%)
--:--:--
NYSE · Live ET

Margin of Safety

by Seth A. Klarman
Value Investing & ClassicsAdvanced

Klarman’s detailed case for disciplined, risk-averse, bottom-up value investing.

Read it if

You are ready for a rigorous, institutional view of value investing.

View on Amazon ↗

Check Amazon for current price, editions and formats. As an Amazon Associate, Investz earns from qualifying purchases (disclosure). Our description is a summary, not a review of every edition.

Part of these reading paths

Think Like a Value Investor →

More in Value Investing & Classics

The Intelligent Investor
Benjamin Graham
Intermediate

The foundational text of value investing. It introduces the margin of safety and the parable of Mr. Market, and separates investing from speculation.

Security Analysis
Benjamin Graham & David Dodd
Advanced

The dense original framework for analysing financial statements and valuing securities. A reference more than a quick read.

Common Stocks and Uncommon Profits
Philip A. Fisher
Intermediate

Fisher’s approach to finding outstanding growth companies through qualitative research, including his well-known checklist of what to look for.

The Essays of Warren Buffett
Lawrence A. Cunningham
Intermediate

Buffett’s shareholder letters organized by theme, covering investing, corporate governance, valuation and more.