After a Tough Year, Klarman Accentuates the Negative
The Baupost chief pinpoints weaknesses in equity, debt and commodities markets, and suggests unicorns may be a bubble. Where is the line between action and inaction?
Stephen TaubJanuary 27, 2016
Seth Klarman (Bloomberg) Seth Klarman is bearish. Frighteningly bearish. While several reports have already highlighted that his Boston-based Baupost Group posted a decline in the mid-single digits last year — its first loss since
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