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“Margin of Safety” by Seth Klarman
#14
Alex, those links are dead ends now. The downloads are gone. I searched for about 1/2 hour and 1 site mentioned that Google, the "do no harm" company, forced them to take it down with a DMCA Copyright complaint.

Looking forward to Kerim sharing more excerpts and thoughts. <ahem>
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan


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Messages In This Thread
“Margin of Safety” by Seth Klarman - by Kerim - 09-24-2013, 05:14 PM
RE: “Margin of Safety” by Seth Klarman - by ChadR - 09-24-2013, 07:51 PM
RE: “Margin of Safety” by Seth Klarman - by Dividend Watcher - 01-24-2014, 12:54 AM



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