Tuesday, January 12, 2021

The Swedish investor: $30 Billion Value Investor Seth Klarman (STRATEGY & PORTFOLIO)

 Here is the link. 

human error, volatility, significant discount 


  1. Flexibility 
  2. Long term orientation 
  3. Focus on business risk 
  4. Absolute orientation 
Favor substance over form 
Less competition = lower prices - don't look down price 
Whatever investment success we like to have - backdrop 
60 cents on a dollar - 
Risk is described by probability and ...... Cash flow or value change - or just price changes

Track record - clients trust his job 
The portfolio - U.S. Listed equities 




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