One of the less known billionaires for people outside of the value investing community is Seth Klarman. Klarman has a very famous book titled, Margin of Safety, which often sells for more than $700 per copy. Today, Preston and Stig discuss what they learned from reading Klarman's book.
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In this episode, you'll learn:
- Different methods for conducting stock investing valuations
- The difference between investors and speculators
- When you should hold short term and long term bonds
- How to counteract risk in your portfolio
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