Baupost group seth klarman
Baupost group seth klarman
Baupost group...
Baupost Group
American hedge fund firm
The Baupost Group is a hedge fund[3] founded in 1982 by William Poorvu and partners Howard Stevenson, Jordan Baruch and Isaac Auerbach.
Seth Klarman, who was asked by Poorvu to help run the fund, remains at its head today.[4] Baupost Group's investment philosophy emphasizes risk management and is long-only.[5][6] The firm, one of the largest hedge funds in the world, is a value investing manager.[7][8] According to Bloomberg L.P., Baupost is ranked 4th in net gains since inception.[9]
Investment strategy
Risk
It was reported that the Baupost Group does not use leverage in its investments with the exception of real estate where for every one dollar invested the Baupost Group used one dollar of leverage.[10]
It was reported that Baupost CEO Seth Klarman explained in a speech to MIT students that investment research driven by emotion is risky and can lead