Seth Klarman In Q4 Letter: America Is “Squandering Its Credibility” On Unimportant “Hijinks” – ValueWalk Premium

Seth Klarman In Q4 Letter: America Is “Squandering Its Credibility” On Unimportant “Hijinks”

A significant proportion of Seth Klarman's year-end letter to Baupost's investors is devoted to the billionaire investor's thoughts on the current political climate in the United States.

He says that living under the current administration in Washington means "anything can happen" on any day with regards to democracy, prosperity, global alliances, and the truth itself.
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"One day," Klarman writes, "the president is distracted by the size of his crowds; another day, it's a debate over who said what about the path of a storm or the demand to acquire Greenland from Denmark."

Also see Klarman’s thoughts from the letter on

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