In 2012, Baupost, Seth Klarman's value-focused hedge fund turned 30. To celebrate, the seasoned value investor devoted around half of his year-end letter to investors dissecting and analyzing the firm's history, reflecting on the bad and good times since inception, and the qualities that have helped Baupost survive and beat the market while other hedge funds have struggled.
Q3 hedge fund letters, conference, scoops etc
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"We opened our investment partnerships for business in early 1983, a fledgling firm with an investment philosophy adopted straight...
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