Author Topic: Baupost Q4 2017 letter  (Read 17436 times)

mhdousa

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Baupost Q4 2017 letter
« on: January 26, 2018, 07:04:14 PM »
He discusses "disruptive change" in the tech sector and while he feels traditional value (e.g. companies like Macy's that are being "attacked by Amazon") will never "let you down", he's convinced that "the new firms that are seeking to displace the older incumbents" won't "give you up" though "many of these companies seem very fully valued."

 Baupost Q4 2017 Letter
-M


augustabound

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Re: Baupost Q4 2017 letter
« Reply #1 on: January 27, 2018, 02:16:21 AM »
Now I see why everyone wants to read his letter so much. That was fantastic. ;D
"Serenity now, insanity later." - Lloyd Braun

writser

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Re: Baupost Q4 2017 letter
« Reply #2 on: January 27, 2018, 05:41:41 AM »
Thanks a lot. Seems like Baupost is on a roll lately.
I'm sorry if I have offended you. Please contact this forum's safe space coordinator to work things out.

@thewritser

CorpRaider

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Re: Baupost Q4 2017 letter
« Reply #3 on: January 27, 2018, 07:19:22 AM »
Best thing I've read since 1994.

vinod1

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Re: Baupost Q4 2017 letter
« Reply #4 on: January 27, 2018, 07:46:55 AM »
The link goes to YouTube song. Can you please repost the link.
Or am I missing on the joke.

Thanks

Vinod
The fundamental algorithm of life: repeat what works. –Charlie Munger

augustabound

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Re: Baupost Q4 2017 letter
« Reply #5 on: January 27, 2018, 08:07:17 AM »
The link goes to YouTube song. Can you please repost the link.
Or am I missing on the joke.

Thanks

Vinod

You've missed the joke.
"Serenity now, insanity later." - Lloyd Braun

AzCactus

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Re: Baupost Q4 2017 letter
« Reply #6 on: January 27, 2018, 08:18:52 AM »
MH was bored and apparently had little to do on Friday night. 

KJP

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Re: Baupost Q4 2017 letter
« Reply #7 on: January 27, 2018, 12:54:31 PM »
The link goes to YouTube song. Can you please repost the link.
Or am I missing on the joke.

Thanks

Vinod

You've missed the joke.

https://en.wikipedia.org/wiki/Rickrolling

EricSchleien

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Re: Baupost Q4 2017 letter
« Reply #8 on: January 27, 2018, 04:26:57 PM »
That was incredible.

mhdousa

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Re: Baupost Q4 2017 letter
« Reply #9 on: January 27, 2018, 04:37:25 PM »
MH was bored and apparently had little to do on Friday night.

Close.
I was drinking on a Friday night and for some reason decided to check two of my favorite value investing message boards (the other being the subreddit "Security Analysis") before going to bed. Both of them had lots of people asking for the Baupost q4 letter. So I decided to have some fun...

I had forgotten I had done that until I woke up to a few PMs asking for the letter.

Very happy at least a few people appreciated it.