Margin of Safety

by Seth A. Klarman

First edition, first printing

New York: HarperBusiness, 1991. First edition, first printing. Signed by legendary investor Seth Klarman and inscribed on the front free endpaper, "To Kent McCarthy, a 'thoughtful investor'." McCarthy is the founder of the investment firm Jayhawk Capital Management. Bound in publisher's blue paper covered boards of cloth spine with silver lettering. Near Fine with pages mildly tanned in an unclipped dust jacket with a short tear at the bottom of the front spine fold with associated creasing across the bottom of the front panel, otherwise Near Fine. A legendary book on value-investing, initially a flop, its cult-status has grown steadily over the years.