We have all heard about the “Oracle from Omaha”, but what about the “Oracle from Boston”? According to famed professor Bruce Greenwald at Columbia Business School, Warren Buffett once said that he would only invest with tree outside managers if he ever decided to retire and stop managing money on behalf of Berkshire Hathaway. One of them was Seth Klarman from the Baupost Group. In this video, you will learn the key components of Seth Klarman's investing, which has allowed him to turn $30 million from 1983 into $30 billion today. You will also learn what his current portfolio looks like, and about his biggest holdings.
The “father of value investing” Benjamin Graham and his magnum opus: SECURITY ANALYSIS: bit.ly/2vNzkw7
Timestamps for re-watching:
00:00 Intro
00:55 Life & Career of Seth Klarman
03:33 Value Investing #1: The margin of safety
06:08 Value Investing #2: Flexibility
08:38 Value Investing #3: Long-term Orientation
10.22 Value Investing #4: Focus on Business Risk
11:57 Value Investing #5: Absolute Orientation
13:28 Seth Klarman’s Current Portfolio
My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.