Seth Klarman: A Response to Lowenstein’s Searching for Rational Investors In a Perfect Storm

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Seth Klarman: A Response to Lowenstein’s Searching for Rational Investors In a Perfect Storm This is from 2005. In case you haven’t read it yet, below is an excerpt followed by a link to the full PDF H/T Value Investing World. Also read Risk management at Baupost is just people sitting around a table thinking A…

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