Seth Klarman’s Mentor Michael Price’s favorite hedge fund managers – ValueWalk Premium
Michael Price, American value investor, fund manager, investment research, Max Heine, Mutual Series, intrinsic value, famous investors, valuewalk, value investing

Seth Klarman’s Mentor Michael Price’s favorite hedge fund managers

How did you decide value investing was for you?
I was fortunate enough when I was a junior in college — and then when I graduated from college — to work for Max Heine and Michael Price at Mutual Shares [a mutual fund founded in 1949]. Their value philosophy is very similar to the value philosophy we follow at Baupost. So I learned the business from two of the best, which was better than anything you could ever get from a textbook or a classroom. Warren Buffett once wrote that the concept of value investing is . . .

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