Seth Klarman is one of the more secretive money managers out there so I don’t know what returns Baupost has generated in 2008. Here are some recent stories with his thoughts on current market conditions. Looking at his SEC filing, I see a few interesting moves:
Klarman didn’t open any bold new positions other than $61M [...]
Seth Klarman’s Baupost Group continues its move into the healthcare sector as evidenced by the latest Q2 13F-HR filing:
(What's this?)
Down an Unsustainable Path
(Financial Armageddon, 11/1/08)
Free Money Stock #2 — High Yield Healthcare (Sosnowski)
(Stock Gumshoe, 8/5/08)
Advance Directive and Durable Power of Attorney for Health Care
(Moolanomy, 8/8/08)
Read more on
Pharma & Healthcare
at Wikinvest
Professional money managers have filed their 13F filings for Q2 2008. I will examine them over the weekend and publish my comments next week but submit the spreadsheet links below for readers.
Also, if you have a strong case for other managers I should include, send me an email or post in the comments below. [...]
Seth Klarman’s Baupost filing is once again littered with SPACs but there are some interesting items to note:
Substantial new position in Wellpoint (WLP): Not to be confused with Wellcare (WCG), which Bruce Berkowitz and Mohnish Pabrai (piggybacking off Berkowitz) own. I have a few of the health insurers (UNH, HUM, WCG) on my watchlist [...]
