Seth Klarman 1992: Don't Be A Yield Pig

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Aug 05, 2010
Below is a great Seth Klarman article from a 1992 Forbes article titled "Don't Be A Yield Pig". It's written roughly one year after he published Margin of Safety. The one thing that I learned from this article and from other great investors/authors is that markets do not change much. Does the article remind you of recent markets?

Klarman Yield Pig