Seth Klarman is considered to be one of the best value investors of all-time. His hedge fund, the $30 billion Boston-based Baupost, has achieved outstanding returns for its investors since inception, averaging approximately 20% per annum.
Q3 hedge fund letters, conference, scoops etc
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Klarman focuses on finding undervalued securities, mainly equities and credit. His movements usually attract plenty of attention particularly when it comes to investing in distressed debt.
Indeed, the billionaire has recently attracted criticism for his ownership in the debt of bankrupt...

