Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average, Seth Klarman’s hedge fund Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost somewhere between 7% and 13%, certainly outperforming the majority of its hedge fund peer group.
ValueWalk’s entire ten-part series covers the whole Seth Klarman story:
- Part one: Lessons For Retail And Institutional Investors
- Part two: Value Investing in a Turbulent Environment [1997-2001]
- Part three: Value Investing In A Market Bubble [1997-2001]
- Part four: The Patient Investor

