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BAUPOST'S KLARMAN: 'We will have to work harder with less to show for it'

Retrieved on: 2018-01-24 02:22:30

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<div>Value investor Seth Klarman, founder of $30 billion hedge fund The <b>Baupost</b> <b>Group</b>, says good investment ideas are harder to come by. "Mispricings are less common and less stark, and expected returns are often at the low end of acceptability." Baupost generated returns in the mid-single digits last ...</div>

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