Thursday, January 24, 2019

Short-Sighted Business Practices are Destroying Public Confidence in Capitalism

New Yorker

Klarman, who is sixty-one, is the C.E.O. and portfolio manager of the Baupost Group, a hedge fund with twenty-seven billion dollars in assets. Owing to his success in making long-term bets on stocks that he considers undervalued, he is frequently compared to Warren Buffett.

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