Legendary value investor Seth Klarman sums of the twelve most important lessons that he learned from Warren Buffett
Seth Klarman just put together a list of the twelve most important lessons that he’s learned from watching Warren Buffett over the years for the Financial Times, and considering how rarely he writes anything for the public you really owe it to yourself to read through the entire article, but we’ll pull out two highlights that really cut to the core of what value investing is about.
‘Buy bargains’: Seth Klarman
“Value investing works. Buy bargains,” writes Klarman.
That...