Money and Finance
- Seneca's Moral Letters To Lucilius
A good online collection of Seneca's letters... Link to: Moral letters to Lucilius Letter 2 is one of my favorites. I've put up a couple of quotes on the blog before, from a slightly different translation. Here are a couple of those quotes...
- Seth Klarman Goes Nuts On The Fed In His Latest Investor Letter
Update: There are more excerpts HERE. ----- Thanks to Will for passing this along. I haven’t seen a copy of the whole letter, but there is a very short excerpt in this article. Seth Klarman, the legendary head of Boston based hedge fund Baupost Group,...
- Baupost Co-portfolio Manager Wagner To Start His Own Firm
Herb Wagner, the Baupost Group LLC executive appointed as Seth Klarman’s co-portfolio manager two years ago, will leave the firm at the end of 2012 to start his own investment company, according to a letter sent to the hedge fund’s clients yesterday....
- A Hedge Fund Star Bets On A Canadian Mega Quarry
Thanks to Andrew for passing this along. Superstar investor Seth Klarman's controversial plan to develop a quarry in Ontario could pay off bigtime. Drive an hour northwest from Toronto along Highway 10 and you come across some of the best farmland...
- Seth Klarman Letters: 1995 - Mid 2001
It is hard for me to overstate just how great these letters are. They are probably the best example I have ever seen of someone (and an entire firm) keeping his head cool and staying disciplined while just about everyone else was going crazy. A BIG thanks...
Money and Finance
Distressed Debt Investing: My Three Favorite Quotes from Baupost's 2012 Year End Letter
If anyone happens to have the entire letter capable of being passed along, I would be GREATLY appreciative!
In the past, Distressed Debt Investing has taken snippets from Baupost's year end letters, which are always a treasure trove of information from possibly the greatest investor living: Seth Klarman. This year's letter is, as usual, simply amazing and below I've stripped out my three favorite quotes from the letter with some commentary. Enjoy!
- Seneca's Moral Letters To Lucilius
A good online collection of Seneca's letters... Link to: Moral letters to Lucilius Letter 2 is one of my favorites. I've put up a couple of quotes on the blog before, from a slightly different translation. Here are a couple of those quotes...
- Seth Klarman Goes Nuts On The Fed In His Latest Investor Letter
Update: There are more excerpts HERE. ----- Thanks to Will for passing this along. I haven’t seen a copy of the whole letter, but there is a very short excerpt in this article. Seth Klarman, the legendary head of Boston based hedge fund Baupost Group,...
- Baupost Co-portfolio Manager Wagner To Start His Own Firm
Herb Wagner, the Baupost Group LLC executive appointed as Seth Klarman’s co-portfolio manager two years ago, will leave the firm at the end of 2012 to start his own investment company, according to a letter sent to the hedge fund’s clients yesterday....
- A Hedge Fund Star Bets On A Canadian Mega Quarry
Thanks to Andrew for passing this along. Superstar investor Seth Klarman's controversial plan to develop a quarry in Ontario could pay off bigtime. Drive an hour northwest from Toronto along Highway 10 and you come across some of the best farmland...
- Seth Klarman Letters: 1995 - Mid 2001
It is hard for me to overstate just how great these letters are. They are probably the best example I have ever seen of someone (and an entire firm) keeping his head cool and staying disciplined while just about everyone else was going crazy. A BIG thanks...