The Investment Book that Sells for $1,600

If you want to get the best, most expensive investing advice, you might want to consider getting the book Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor by Seth Klarman, the value investor and money manager at The Baupost Group.

However, the book is out of print but it is available through Amazon (AMZN) at very high prices. There are two Amazon sellers are offering a new version of the book at prices ranging from $1,599.95 and $3,500. If those are too expensive for you, you can always pick up a used edition for only $1178.99. This book is considered to be one of the most-stolen books from libraries.

The reason the book is so expensive is that Klarman is an extremely successful money manager. Plus, the print run for the book was small. Also, the book has been out of print for many years. Because of these factors, the book has become a collector's item.

The book is about value investing, which is covered in extensive detail, along with the philosophy of maintaining a margin of safety. This hardback book is about 250 pages and is published by HarperCollins. Surprisingly, it ranks #85 in the category of Books - Business and Investing - Investing - Bonds.

You probably don't want to buy the book as a gift for someone (you would hate to find out it ended up in a charity book sale). But if you are interested in it for yourself, and price is no object for you, you should get Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor.