Catalysts
topic on 1 show · 1 statements across 1 episodes
1 statements about Catalysts, every show
Klarman: Baupost made its biggest profits averaging down on catalyzed ideas
“We have made our big dollar profits over the years, usually on ideas that have gone against us at first, and we average down, and when they are catalyzed, Which means some event is going to happen that will cause us to make money.”