BOSTON ( TheStreet) -- Seth Klarman, founder of Boston-based hedge fund Baupost Group, is followed closely because his investment philosophy is irreverent and his long-term performance is outstanding. The press-wary guru, who manages more than $20 billion, disclosed first-quarter holdings over the weekend. Klarman is a value investor.Klarman's investment manual, Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor, only in publication briefly, now fetches thousands of dollars in the secondary market as his value investing insight is considered second-to-none.
2 New Stock Picks From Baupost's Klarman
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.