Margin of Safety » Jean-Marie Eveillard http://amarginofsafety.com "...to distill the secret of sound investment into three words..." Fri, 26 Jun 2020 18:44:00 +0000 en hourly 1 http://wordpress.org/?v=3.2 Wisdom from Jean-Marie Eveillard (and Seth Klarman) http://amarginofsafety.com/2013/03/08/wisdom-from-jean-marie-eveillard-and-seth-klarman/?utm_source=rss&utm_medium=rss&utm_campaign=wisdom-from-jean-marie-eveillard-and-seth-klarman http://amarginofsafety.com/2013/03/08/wisdom-from-jean-marie-eveillard-and-seth-klarman/#comments Fri, 08 Mar 2013 23:46:29 +0000 Ray Galkowski, CFA http://amarginofsafety.com/?p=1510 Continue reading →]]> JME reflects on a conversation he had with Seth Klarman at a wedding. I love that he uses the term “genuine” value investors to distinguish them from the imposters. I have been using the term “true” value investors, but I may switch (and, yes, there are many imposters).

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]]> http://amarginofsafety.com/2013/03/08/wisdom-from-jean-marie-eveillard-and-seth-klarman/feed/ 0 Jason Zweig Interviews Jean-Marie Eveillard http://amarginofsafety.com/2013/02/24/jason-zweig-interviews-jean-marie-eveillard/?utm_source=rss&utm_medium=rss&utm_campaign=jason-zweig-interviews-jean-marie-eveillard http://amarginofsafety.com/2013/02/24/jason-zweig-interviews-jean-marie-eveillard/#comments Sun, 24 Feb 2013 22:49:22 +0000 Ray Galkowski, CFA http://amarginofsafety.com/?p=1460 Continue reading →]]> Jason is correct that many investors who place their capital with value investing firms will not stay with the firm long enough through multiple cycles in order to capture the value premium. Paradoxically, that is part of the reason that the value premium exists; when many abandon the strategy for greener pastures, such as now when markets rise regardless of fundamentals, it actually creates opportunities for patient, disciplined value investors. One has to be able to bear pain well in order to be a value investor, but not all are doomed to burn out.

http://online.wsj.com/article/SB10001424127887324432004578306153331261978.html

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