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Hey, how's everyone doing out there?

Today we're going to be covering an interesting billionaire that's been referred to as the most

successful and influential investor you've probably never heard of.

In fact, investing legend Warren Buffett evidently keeps a copy of this person's book in

his office at work.

So the name of the book is Margin of Safety and the investor is Seth Klarman.

Klarman's personal net worth is about $1.5 billion and he's at a hardcore value investor

that bases his investing approach around Benjamin Graham and the principles that have precipitated

out of Graham's approach.

Margin of Safety is really an iconic book within the value investing community.

Not only because it's a great book, but also because he only chose to put 5,000 copies

into existence.

In a research for this episode, even found that university libraries have named this as

one of the most weightless titles and even more impressive or perhaps discouraging,

is actually the book most often claimed as lost.

So that's right, Stig.

And because Klarman's book is so rare and highly sought after, the book retails from

anywhere between $703,000 for a single copy.

Luckily, we were able to get our hands on this very valuable book and pick apart some

of the more interesting parts to highlight in this episode.

So without further delay, let's hop to it.

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