All good things must end, but it seems like much of the world was willfully ignorant of the signs that harder times are just around the corner. In his recent letter to investors, which was obtained by ValueWalk, Baupost’s Seth Klarman describes 2018 as “a year of synchronized global disappointment.” He then proceeds to highlight the many warning signs the markets ignored throughout much of the year. Q4 hedge fund letters, conference, scoops etc See more Baupost 2018 coverage here Seth Klarman 2018 Letter: Balancing Risk Aversion With Risk-Taking When Forever Ends: Baupost’s Klarman Reflects On 2018 From cheer to…
Baupost’s Klarman Outlines 2018’s “Global Disappointment” Amid The Change From Cheer to Fear
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.