Saturday, March 3, 2007

"Margin of Safety"

I finally got my hands on a copy of this book. It's a out-of-print book that is highly in demand. The cheapest version available is $1700 at Amazon. The author is Seth Klarman, head of the Baupost Group. You can read more here:

"The $700 Used Book"
"Notes on Margin of Safety"

After I take care of this whole internship process, I will spend most of my time devouring the book. I'm mulling two offers, but still looking at a few things in the pipeline. One opportunity is with a fund of funds type structure, and another opportunity is with retail equity research.

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