Being a value investor, I always take great interest to see what long-established value gurus like Seth Klarman and Bruce Berkowitz are doing with their portfolios. While 13F-HR filings are incomplete snapshots at best as they detail no information on bonds, foreign stocks and other esoteric asset classes, some insight may still be gleaned from [...]
With the recent market rally, 2009 Q2 13F filings hold the allure of possibly yielding some indication as to what these respected managers may think of the rally. You can view Seth Klarman and Baupost’s hedge fund portfolio changes in spreadsheet form:. As always, the caveat with Klarman’s 13F filings is that Baupost plays in [...]
This quarter’s filings are particularly interesting because they encompass the most recent bear market low which occurred in early March. So without further adieu, here are my thoughts on the filings for Klarman, Witmer and Einhorn. You can view Baupost’s portfolio changes in spreadsheet view using this link: Strangely enough, Klarman did not add a [...]
Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +6.8% YTD (including dividends) DJIA: -6.9% Nasdaq: +8.9% S&P 500: -3.4% DJ WIlshire 5000: -1.4% Russell 2000 (smallcap): -2.4% I have been lax as of late [...]
Even the masters misstep from time to time. Breitburn Energy Partners, LP (BBEP) has fallen 36% this morning as a result of the credit crisis. Find the company press release here but in a nutshell, the company has a provision in its credit agreements that subject it to redeterminations of its base borrowing amount. As [...]
Of course, Warren Buffett is the most admired living investor but for my money, I appreciate Seth Klarman’s insights and approach as much if not more than the Oracle. Readers can see all of the Baupost Group’s portfolio moves in easy-to-read spreadsheet format here but below is a summary of items that caught my eye: [...]
