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Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor(elib.cc) PDF

1991·0.5561 MB·other
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by Seth A. Klarman elib.cc| 1991| 0.5561| other

About Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor(elib.cc)

<p>The disciplined pursuit of bargains makes value investing very much a risk-averse approach. The greatest challenge for value investors is maintaining the required discipline. Being a value investor usually means standing apart from the crowd, challenging conventional wisdom, and opposing the prevailing investment winds. It can be a very lonely undertaking. A value investor may experience poor, even horrendous, performance compared with that of other investors or the market as a whole during prolonged periods of market overvaluation. Yet over the long run the value approach works so successfully that few, if any, advocates of the philosophy ever abandon it. - Author.</p>https://elib.cc 百万电子书免费下载

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Author:Seth A. Klarman elib.cc
Publication Year:1991
Language:other
File Size:0.5561
Format:PDF
Price:FREE
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