Baupost Q2 Letter

Seth Klarman’s 2018 Letter: How Investors Need To Think

To be a successful long-term investor, Seth Klarman writes in his 2018 letter to investors of Baupost, one must think like a relief pitcher.

Investors need to have the proper wiring to succeed, to be able to think about the market from an objective perspective, and not be influenced by day-to-day fluctuations.

Also see more 2018 Baupost coverage

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