Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average 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.
However, throughout his career Seth Klarman has stayed away from the media. He rarely gives interviews and runs Baupost in a secretive fashion. The interviews that Klarman has given are always full of useful information and tips for value investors.
The following interview with Seth Klarman was published within Barron's magazine during November 1991. The interview was titled, "The Value Hunter -- Seth Klarman...

