Want to create an interactive transcript for this episode?
Podcast: The John Johnston Lounge
Episode: Interview with Legendary Value Investor Seth Klarman Summary, Part 2: Risk Relates To What You Pay, Not Just What You Buy
Description: JJ continues to summarise and comment on a recent interview with legendary value investor Seth Klarman, by Harvard Business School. The second part of the interview covers a range of topics including: value investing is about getting rich slowly and not making big mistakes; risk is related to what you pay, not just what you buy; the need for investors to think about our own thinking, and to be aware of our own biases; buying more when stock prices go down, after rechecking our analysis work; how we are living in a giant US Fed financial experiment that seems...