Baupost’s Secret Sauce: An Unconstrained MandateRupert Hargreaves
Seth Klarman is widely considered to be one of the greatest value investors of all time. However, over the past couple of years, as value investing has struggled, the investor and his hedge fund, the Boston-based Baupost, have fallen out of the public eye.
But the firm has continued to plug away in the background. As other hedge funds have been caught up in the growth stock and SPAC bubble, Baupost has stuck to doing what it does best - finding undervalued investments and value opportunities.
An Unconstrained Hedge Fund
Klarman runs Baupost with an unconstrained investment mandate, an essential . . .
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