This interview dates back to 2011. As you know, Klarman generally does not appear with media, so any interview you can find with him is pure gold. In this interview, Klarman talks about his philanthropic cause and spends a lot of time imparting his experience and wisdom on value investing.
(For those who do not know Seth Klarman, he manages Baupost Group fund and is a legend on the Wall Street. His book Margin of Safety cannot be bought, except on ebay (or if you know someone who knows someone …) and regularly commands more than $1000/used copy. I have read the book and it is well worth the cost.)
I am not going to provide a subtext – you just need to watch the interview. Do yourself a favor and watch the whole thing. It is 46 minutes long and well worth your time.