A significant proportion of Seth Klarman's year-end letter to Baupost's investors is devoted to the billionaire investor's thoughts on the current political climate in the United States.
He says that living under the current administration in Washington means "anything can happen" on any day with regards to democracy, prosperity, global alliances, and the truth itself.
If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks.
"One day," Klarman writes, "the president is distracted by the size of his crowds; another day, it's a debate over who said what about the path of a storm or the demand to acquire Greenland from Denmark."
Also see Klarman’s thoughts from the letter on
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
