In this interview with Institutional Investor, Seth Klarman explains that there are parts of the investment ‘bible’, Security Analysis, where he has had to challenge the book’s premises.
In an interview on Capital Allocaters, Seth Klarman from Baupost talks about his investment process and why his approach is opportunistic and value-based.
During his interview with Grant’s Current Yield Podcast, Seth Klarman shares his views on risk. Klarman sees a tendency for the market to view risk as a positive and for risk management to lose its prominence.
Seth Klarman, CEO of Baupost, usually stays out of the spotlight. But the other day, he was a guest on CNBC for the new edition of Benjamin Graham’s Security Analysis, which he has been responsible for updating.
Seth Klarman makes a number of major changes to the portfolio in Q1 2023, including continued acquisitions of FIS and Alphabet.
Looking at Seth Klarman’s portfolio for the second quarter of 2022, there’s a pretty clear trend: he’s reducing a large number of his positions. These include Alphabet (Google), Intel, Dropbox, Fiserv, Meta, Intel and more than 20 other positions. In other words, the overall picture is that Klarman has taken a more defensive position and is a fairly significant net seller of shares.
After a long period of rather limited activity, Buffett is once again in a shopping mood. The market has taken a nice dive from the top, which has created opportunities. In Buffett’s case, this has resulted in a net purchase of $41.4 billion. USD when offsetting the sale of other shares during the period. It’s the largest single-quarter purchase ever.
