Seth Klarman is one of the world’s most successful value investors. His Baupost hedge fund has achieved outstanding returns for investors over the years and currently manages just under $20 billion in client money.
However, despite his success over the years, Klarman is relatively media-shy and barring the publication of his book, Margin of Safety: Risk-averse Value Investing Strategies for the Thoughtful Investor in 1991, insights into his investment process are few and far between.
Baupost: Making Use Of Market Inefficiencies To Find Bargains In Distressed Debt
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This means that any commentary from Klarman is highly valued and his insights are always worth reading. The following is a summary of...
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