A reader asks if there is a way to monitor non-equity positions for Seth Klarman’s Baupost Group. The short answer is no, I know of no way to track non-equity holdings for any money manager unless they disclose that information voluntarily via a report or letter. As mentioned on this blog last week, Klarman doesn’t [...]
Meryl Witmer is back as it appears Eagle Value Partners is building its stock portfolio. If you have a strong case for other managers I should include, send me an email or post in the comments below. Also, keep in mind that I use a perl script to parse these filings into the spreadsheet format [...]
OK, that has to be one of the most misleading post titles ever but I couldn’t resist. Seth Klarman recently held the first-ever Baupost Group annual meeting after two-plus decades of existence. At the meeting, Klarman shared his views on the markets, housing, investment strategies and more. For those who may need an introduction to [...]
The folks at Legg Mason must have some pull as Bill Miller features are making the rounds this week: Bloomberg: Legg Mason’s Miller Helps Win Clients as Returns Rise Barron’s: It’s Miller Time The Barron’s article, in particular, seemed embarrassingly gushy for a manager who ranks in the 99th percentile for fund managers over 3 [...]
Peter Thiel isn’t as widely followed as some other hedge fund managers. One possible explanation may be his hedge fund, Clarium Capital, employs a macro strategies which are more complex and opaque to individual investors. Nevertheless, I have always found his views on the broader economy and global situation to be insightful. Today’s Wall Street [...]
That is the main question of the moment and I direct readers to two viewpoints on the matter: Legg Mason’s Bill Miller: “The worst is over.” (Bloomberg) Eric Sprott: “We are now in the early stages of a depression.” (HT Zero Hedge) Bill Miller is the famous (alledged) value investor who beat the S&P 500 [...]
