For those who don’t know Seth Klarman, here’s some brief info from Jacob Wolinsky at Valuewalk:
Seth Klarman is undoubately one of the greatest investors of our time. Klarman manages Baupost Group, the 11th largest Hedge Fund in the US, with over $20 billion in assets. There is a rumor that Buffett, (a big fan of Klarman) keeps a copy of Klarman’s out of print and super expensive book Margin of Safety, by his bed. Seth Klarman’s Baupost fund has produced returns of approximately 20% annually since inception in 1983. Klarman has produced phenomenal returns despite the fact that he usually holds huge amounts of cash.
According to a lecture given by Bruce Greenwald: Warren Buffett says that when he retires, there are three people he would like to manage his money. First is Seth Klarman of the Baupost Group, who you will hear from later in the course. Next is Greg Alexander. Third is Li Lu.
Below are the videos (6 in total), enjoy:
[youtube=http://www.youtube.com/watch?v=u0aRiDI1wnk&feature=related&w=400&h=300]
[youtube=http://www.youtube.com/watch?v=FEswnTu6ym0&feature=related&w=400&h=300]
[youtube=http://www.youtube.com/watch?v=VVD_vMwhZBs&feature=related&w=400&h=300]
[youtube=http://www.youtube.com/watch?v=qpgWyHASfOs&feature=related&w=400&h=300]
[youtube=http://www.youtube.com/watch?v=VrFmBELO8N4&feature=related&w=400&h=300]
[youtube=http://www.youtube.com/watch?v=x-iNmluKxxQ&feature=related&w=400&h=300]