TSOH Investment Research (Alex Morris)

TSOH Investment Research (Alex Morris)

Protecting Against Upside Risk

TSOH Investment Research's avatar
TSOH Investment Research
Sep 27, 2021
∙ Paid
14
2
Share

Note: Today’s write-up is a bit outside the box, but I think it’s an interesting thought exercise. For me, the conclusion brings to mind the famous Munger quote: “All I want to know is where I’m going to die so I’ll never go there.”

In “Margin of Safety”, Seth Klarman wrote the following:

“One of the recurrent themes of this book is that the future is unp…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 TSOH Investment Research (Alex Morris)
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture