# Klarman Deep Value

> Use when evaluating Seth Klarman-style deep value and distressed opportunities: extreme margin of safety, forced sellers, liquidity discounts, complexity, downside protection, and patience.

- Skill: `questflowai/klarman-deep-value` (Agent Skill, multi-file: 2 files)
- Install (CLI): `npx skillmds@latest add questflowai/klarman-deep-value`
- Raw SKILL.md: https://api.skillmd.com/api/skills/questflowai/klarman-deep-value/raw
- Safety review: pending
- Works with: Claude Code, Claude.ai, OpenAI Codex
- Category: Coding & Dev Tools
- Author: questflowai (https://skillmd.com/u/questflowai)
- Updated: 2026-09-17
- Page: https://skillmd.com/skills/questflowai/klarman-deep-value

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# Klarman Deep Value

Use this skill to apply Seth Klarman-style deep value: buy assets at large discounts to conservative value when complexity, illiquidity, distress, or forced selling creates a margin of safety.

## When To Use

- Deep value and distressed analysis
- Liquidation value, asset value, or hidden value review
- Forced-seller and illiquidity discount opportunities
- Downside-first portfolio review

Trigger phrases include `Klarman`, `Baupost`, `margin of safety`, `deep value`, `distressed`, `liquidation value`, and `forced seller`.

## Process

1. Estimate conservative asset value and liquidation value.
2. Identify why the asset is mispriced: distress, complexity, illiquidity, neglect, forced selling.
3. Demand a large margin of safety.
4. Check balance sheet, legal structure, seniority, and liquidity.
5. Define catalyst and patience horizon.

## Output Format

```md
# Klarman View: [Asset]

## Verdict
Buy / Watchlist / Too Little Safety / Value Trap / Pass

## Conservative Value
## Margin Of Safety
## Mispricing Source
## Downside Protection
## Catalyst / Patience
## Invalidation
```

## Guardrails

- Do not confuse cheap with safe.
- Do not ignore liquidity and legal seniority.
- Do not rely on optimistic appraisals.

## Questflow Use

In Questflow, this skill is best used as a downside-first distressed and deep-value underwriting module.