Iconic hedge fund manager Seth Klarman says investors are missing huge risks
|05/26/2017||Posted by BusinessMediaguide.Com under General World News||
An iconic hedge fund manager says investors are misperceiving risks in the markets – at a time when markets are hitting historic highs.
Baupost Group’s Seth Klarman laid out his concerns in an April client letter, a copy of which was reviewed by Business Insider.
Risk, Klarman wrote, is the most important consideration when investing, and investors are being too trusting.
To make his point, Klarman contrasted today to the start of financial crisis.
“When share prices are low, as they were in the fall of 2008 into early 2009, actual risk is usually quite muted while perception of risk is very high,” Klarman read more >>>