Baupost Group, the hedge fund managed by renowned value investor Seth Klarman, saw the value of its funds under management decline by a mid-single digit percentage during the nine months to the end of September, according to the fund’s third quarter letter to partners dated October 15th, reviewed by ValueWalk. Also see – Baupost Is Said To Decline 3.8% In September On Energy, Biotech by Sabrina Willmer, Bloomberg However, during the first five days of October the fund erased 75% of these YTD losses, and Seth Klarman expects the market to throw up more opportunities for value investors to take advantage of in the near…
Baupost Sees Opportunity In Volatile Markets
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk