Seth Klarman At Harvard: How To Keep Ahead Of The Herd

Earlier this year, Seth Klarman, the value investor, and manager of the $30 billion Baupost hedge fund, took part in a rare interview in partnership with the Harvard Business School.

During the interview, the value investor covered many topics, including how he finds undervalued companies and where he sees opportunities in the markets today.

Don't Over-Specialize

Warren Buffett and Charlie Munger have always advocated for reading widely and having a broad understanding of different companies, sectors and industries.

Q1 2022 hedge fund letters, conferences and more

However, these two value investors also specialize. They only focus on the companies that fall within their circles of competence. While this might seem to go...