Baupost Q1 Letter: Discipline And Focus Is Key For Value Investing Today – ValueWalk Premium
Seth Klarman

Baupost Q1 Letter: Discipline And Focus Is Key For Value Investing Today

As market valuations have reached all-time highs over the past 12 months, value investors have been faced with a difficult environment. High valuations coupled with disruption means that it's now harder than ever before for value investors to find diamonds among the rough.

Warren Buffett has reacted by allowing Berkshire Hathaway cash reserves to build to unprecedented levels, and other value-focused managers have followed suit. Investors who would have traditionally placed themselves into the value bucket have also been expanding outside of the traditional value hemisphere. Indeed, according to dataroma.com, which tracks the portfolios of 64 . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds.   

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

SIGN UP NOW
0