Klarman: Baupost hunts 'miles wide' before drilling 'miles deep'
Seth Klarman · Seth Klarman – Timeless Value Investing (EP.328) · Jul 17, 2023 · at 36:16
Seth Klarman, CEO of The Baupost Group, describes his firm's funnel strategy for uncovering mispricings across markets.
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“I like to say we go miles wide to look for opportunity, and then when we think we found it, then we drill miles deep. Maybe the contrast is that other people are going miles deep first, so they know everything about every industry.”
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