The Value of Not Being Sure: Seth Klarman


Below is a neat Feb 23 article published in Value Investor Insight written by Seth Klarman.

The document is a bit hard to read but valuable lessons in value investing. Maybe it’s called “value” investing because we are always trying to learn valuable lessons that traders and speculators never consider.

Also consider reading this article by Vitaliy Katsenelson on The Pain of Mean Reversion.



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