Iconic Investor Insight of the week

For the week of July 18th

Today’s iconic investor insight comes from Seth Klarman. Mr Klarman runs the hedge fund, The Baupost Group, which he founded with four others in 1982. He is known as a value investor who wrote the book, “Margin of Safety” in 1991. Only 5,000 copies were printed. It has achieved a cult-like following and goes for over $1.2k per copy on Amazon.

“Patience and discipline can make you look foolishly out of touch until they make you look prudent and even prescient”

-Seth Klarman