Klarman Loses Over $160M In Gold, Gains Double In ViaSat, Theravance

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HFA Staff
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A few weeks ago we did a story detailing the many gold ETFs and miners that famous hedge funds have been holding and losing in. The article mentioned the hedge fund titan Seth Klarman a couple of times as he has been bullish on gold for as long as one can remember. Seth Klarman’s Losses in Gold Miners Nathan Vardi at Forbes points out that NovaGold  is not the only gold equity holdings that Klarman is losing on (it is important to note these are paper returns not realized losses). Baupost Group has significant stakes in foreign listed gold miners as well….

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.