The Swedish Investor's video: MARGIN OF SAFETY SUMMARY BY SETH KLARMAN

Seth Klarman is a legendary value investor with some $25B in assets under management at his Baupost Group. In 1991 he released a book called “Margin of Safety – Risk Averse Value Investing Strategies for the Thoughtful Investor” which has become something of a must-read among sophisticated investors. Unfortunately, it is out of print, and a physical copy cost $2,000 to get from Amazon. One can only speculate of WHY Mr. Klarman decided not to make a second edition, there’s clearly demand for it these days. Is it because he’s already wealthy enough so he just doesn’t care? Is it because he offended some group of people that doesn’t like being offended? Or is it because he thought that maybe he revealed a little too much of his investing secrets? I don’t know. But I had to get a copy myself, in order to bring you guys this top 5 takeaways summary. Let’s dive in! --- My main tool for fundamental screening and analysis of stocks: tikr.com/tsi --- Timestamps for Margin of Safety: 00:00 Intro 01:08 What’s the Difference Between a Value Investor & a Speculator? 04:00 Investment Risk – A Terribly Misunderstood Concept 06:48 Three Methods of Valuing a Stock 10:15 To Hold, or Not to Hold … Cash 13:01 Apply the 80/20 Approach --- My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.