I discuss Seth Klarman’s book Margin of Safety and focus on chapter 3, The institutional performance derby that explains how wall street works and what have investors be careful about.
Billionaire Seth Klarman, the founder of the Baupost group, discusses institutional investors, investing rules, index investing, crowd mentality and fund ownership.
Learning from Seth Klarman is essential for a low risk investment strategies with value investing as the core.
The latest Robinhood Investors Conference is in the books, and some hedge funds made an appearance at the conference. In a panel on hedge funds moderated by Maverick Capital's Lee Ainslie, Ricky Sandler of Eminence Capital, Gaurav Kapadia of XN and Glen Kacher of Light Street discussed their own hedge funds and various aspects of Read More