IFB30: Quotes of Wisdom from Baupost Group's Seth Klarman
The Investing for Beginners Podcast - Your Path to Financial Freedom
Andrew Sather
4.1 • 1.5K Ratings
🗓️ 15 September 2017
⏱️ 25 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | This is a Glass Fox Media Podcast. |
| 0:06.4 | You're tuned in to the Investing for Beginners Podcast. |
| 0:12.0 | Finally, Step-by-step premium investment guidance for beginners. |
| 0:18.0 | Led by Andrew Sather and Dave Ahern to decode |
| 0:24.2 | industry jargon silence crippling confusion and help you overcome emotions |
| 0:30.5 | by looking at the numbers. |
| 0:37.0 | Your path to financial freedom starts now. |
| 0:45.0 | All right folks, well welcome to Investing for Beginners Podcast. I'm Dave Aheern and we have Andrew Sather here as well tonight. |
| 0:48.0 | Tonight, we're going to do a review of an article that I came across from a blog that I read on a daily basis. |
| 0:56.0 | It's called The Acquires Multiple. |
| 0:58.0 | And it is owned by a gentleman named Tobias Carlisle. |
| 1:02.0 | He's a very, very amazing writer and he's |
| 1:05.7 | written some great books and he has this blog that he's a member of that one of |
| 1:11.2 | his gentlemen that works for him writes some great articles and the article that I came across I shared it with Andrew a couple weeks ago and we both really liked it and we thought this would be a great |
| 1:20.8 | opportunity for us to talk a little bit about a gentleman named Seth |
| 1:23.7 | Carmen. We've talked about him a little bit in the past before but this article that |
| 1:28.5 | was written kind of outlines 13 tips on how to find bargains. Seth Carmen, if you're not familiar with him, has written |
| 1:35.8 | an amazing book on the margin of safety and it's unavailable, more or less. You can buy an Amazon I believe for a cool |
| 1:45.0 | thirteen hundred dollars a book if you wish apparently he did not release a lot of |
| 1:51.6 | copies of the book and so it's very, very rare and very hard to find. I was |
| 1:56.3 | fortunate enough to be able to find it. I read it through the professor of |
| 2:00.3 | a local college had it at a finance professor was kind enough to allow me to borrow it to read it. |
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