Seth Klarman is a legendary value investor who built Baupost Group and earned over 20% returns per year for more than 40 years by focusing on safety, patience, and buying undervalued businesses. His book Margin of Safety teaches investors to avoid hype, protect their capital, and only buy when prices are low enough to provide a big cushion against risk.
Seth Klarman's book is a joy to read! Physical copies are indeed very expensive. PDF copies can be found online. Google is your friend. 🙂