tk77mann

MLPs in Good Shape, Despite Credit Crisis

Ozarker,

Seth Klarman is an under-the-radar value investment manager who runs Baupost Group, a mutual fund which has averaged 20% annual returns since he helped found the fund in 1983 or so. His fund now only invests for not-for-profits now to help them.

He wrote a value investing book, Margin of Safety, which is now out of print and sells used on ebay for ~$800 a copy. It describes his valuation and investment style, which is based on Ben Graham's approach.

Here is a link to one interesting article. finance.yahoo.com/news...

Here is a link to a speech he gave to finance students which also describes his work and approach to investing. We should all be so thorough and analytical when picking investments.

www.gurufocus.com/news...