	Margin of Safety: Risk-averse Value Investing Strategies for the Thoughtful Investor is a 1991 book written by Baupost Group hedge fund manager and value investor, Seth Klarman, discussing about value investing, temperance, valuation, portfolio management, among other topics. The book draws on from "The Intelligent Investor", chapter 20, which is titled "margin of safety", coined by Benjamin Graham and David Dodd.