Seth Klarman: The Margin of Safety Strategy

This program provides a detailed analysis of the investment philosophy practiced by Seth Klarman, the founder of the Baupost Group. It focuses on the core principles of value investing with a primary emphasis on capital preservation and risk management. Participants will examine the 'Margin of Safety' concept, learn to distinguish between investment and speculation, and explore Klarman’s approach to finding value in unconventional areas such as distressed debt and complex corporate restructurings. The curriculum is designed for serious investors looking to build a disciplined, research-driven framework for long-term wealth accumulation.