Seth Klarman, CEO and Portfolio Manager of the US-based hedge fund, Baupost Group, has been touted widely as “the next Warren Buffett”. The nickname The Oracle of Boston (a reference to Buffett’s “Oracle of Omaha” nickname) has even been used to reference him. However, unlike Berkshire Hathaway, which is a... Show More
Seth Klarman's annual letter to Baupost investors does the rounds at Davos (and I've got a copy to share with you); Capital Economics forecasts the AUD to fall to 60c; and NAB data suggests Christmas spending will disappoint. Here's what's happening in markets today. Show More
Seth Klarman is widely recognised as one of the greatest value investors of all time. He is CEO and Portfolio Manager of the Baupost Group, a hedge fund managing over US$31 billion. His book, Margin of Safety is a value investors’ classic. Klarman practically explains the philosophy of value investing... Show More
In light of the notable market volatility this week, it is timely to review what the masters of the market have said on the subject. These quotes from some of the most successful investors illustrate how investing in stock markets can be a challenging yet rewarding venture, requiring strong research... Show More
Small-caps offer opportunities for outsized returns, however it’s also an area in which to be especially cautious. Simply buying a basket of smaller companies in recent years probably wouldn’t have yielded good results, as the chart below starkly reminds. You have to be selective. Show More
The iconic value investor, and CEO of $27 billion hedge fund Baupost, Seth Klarman, has lived and breathed markets for 35 years. Today he’s nervous. Here are 6 warnings from him that you should keep in mind when investing today. Show More
Seth Klarman is betting on oil. According to GuruFocus, Seth Klarman took a new position in Bellatrix Exploration Ltd (BXE), an oil and gas company operating in Canada's Sedementary Basin. Klarman's $28.5 billion Baupost Group returned 8% last year, Bloomberg reported, its sixth consecutive year of gains. The value of... Show More