via Stone Street Advisors by The Analyst on 3/28/11
Seth Klarman is one of my value investing idols. Last I checked, since inception in 1982, Baupost has returned almost 20% annually, with only 1 or 2 down years, an incredible track record. If you can get a copy of it, I strongly recommend getting your hands on a copy of Klarman's book, "Margin of Safety," even though there's only about 900 or so copies in existence (more if you count digitized copies). Either way, whether you're a fundamental, technical, and/or quantitative trader/investor, I strongly recommend watching this video from one of the greatest investors of all time.
