For the past few years, Seth Klarman has struggled to find any attractive investments.
Q1 2020 hedge fund letters, conferences and more
His hedge fund, the Boston-based Baupost Group, has struggled so much to find any attractive opportunities that the firm has been returning capital to investors.
In 2017, the $30 billion hedge fund announced plans to return some capital the first time since 2013. Klarman also increased his cash holdings. At the end of 2019, Klarman had taken cash levels up to 31%.
If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks.
However, in March, Klarman...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
