Seth Klarman Books Huge Profits On PG&E Insurance Claims – ValueWalk Premium
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Seth Klarman Books Huge Profits On PG&E Insurance Claims

Seth Klarman's Baupost has built its reputation on buying assets cheaply. The firm has also gained a reputation for buying esoteric debt and assets at cents on the dollar, taking on trades other firms cannot follow or copy.

Q2 2020 hedge fund letters, conferences and more

Klarman's decision to acquire the debt of bankrupt investment bank Lehman Brothers was one of his most well-known esoteric trades.

After the bank declared bankruptcy, the bonds' price . . .

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