In his 2018 year-end letter to investors, Baupost founder Seth Klarman didn’t hold back when it came to criticizing US President Donald Trump. In particular, he indicated that “unbiased regulation” was an issue amid Trump targeting businesses and individuals he does not personally like. The letter offered no evidence to support the notion of regulatory bias.
Q4 hedge fund letters, conference, scoops etc
Also see more 2018 Baupost coverage
- Seth Klarman 2018 Letter: Balancing Risk Aversion With Risk-Taking
- When Forever Ends: Baupost’s Klarman Reflects On 2018
- Baupost’s Klarman Outlines 2018’s “Global Disappointment” Amid The Change From Cheer to Fear
- Seth Klarman Blats Of “Unbiased Regulation” In Trump Administration Without Providing Much Detail