Seth Klarman’s Tips Long-Term Investing SuccessRupert Hargreaves
Seth Klarman is one of the greatest value investors alive today. Over the past few decades, his hedge fund, the Boston-based Baupost, which manages around $30 billion of assets for clients around the world, has achieved an average annualized return in the region of 20%. What's more, Baupost often reports a cash allocation of more than 30% of assets under management.
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