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As promised recently we are updating/cleaning the investor resource pages on a regular basis. This week, we’ve updated the pages of David Tepper and Jim Chanos as well as Seth Klarman.
We do not post all the investor updates on Twitter, Facebook etc. The best way to find new/updated etc profile pages, without missing any ….is by signing up for our free daily newsletter!
Below is a partial excerpt from Seth Klarman’s page followed by link to the full page, which can also be found under Value Investors tab on the top of the page.
Seth Klarman
https://www.valuewalk.com/seth-klarman-resource-page-bio-books-investing-style-quotes-etc/
Seth Klarman is relatively unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost somewhere between 7% and 13%, certainly outperforming the majority of its hedge fund peer group.
The group then rebounded during 2009, returning 27%. At the end of the second quarter of this year, Baupost announced yet another strong quarter, ending with the best month the group has had in terms of returns in more than five years, even though around 35% of the portfolio remained invested in cash. Around 14% of the portfolio was also invested in liquidating claims in the Lehman estate, according to the firm’s Q2 letter.
See full page here.
