Author Topic: Re: Klarman worried about political divide  (Read 19448 times)

MarkS

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Re: Klarman worried about political divide
« Reply #140 on: January 25, 2019, 08:52:21 AM »
Welcome "George"  :D nice to have you


meiroy

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Re: Klarman worried about political divide
« Reply #141 on: January 26, 2019, 04:41:44 PM »

You guys should listen to Soros' Davos talk, it's spectacular.

Cardboard

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Re: Klarman worried about political divide
« Reply #142 on: January 27, 2019, 05:59:26 AM »
I read enough hate already from that message board. No need to get more from one of the biggest hypocrite the world has ever seen.

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Spekulatius

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Re: Klarman worried about political divide
« Reply #143 on: January 27, 2019, 07:09:28 AM »
LOL at the people saying we should respect economists... As already mentioned, with other professions, there are exact metrics by which to judge. Economists are basically high end weathermen. If anything I compare them to stock analysts. Guys who would be running money rather than writing book reports; if they were any good at it. But when they aren't knowing the talking points and sounding academic helps...

I respect the freakonomist kind of economists. They look at socials experiments that have occurred in the last or are occurring presently and trying to figure out what happens and why. There are about 200 nations in the world and a whole lot of history. That amounts to a significant amount of social experiments that have been conducted. One sure can learn a lot from it. Sure, some is transferable and some is not, due to a different social or economic backdrop. I would bet there is a lot of useful data out there that has been looked at for sure, but has it been looked at in a way they aided decision making?
Life is too short for cheap beer and wine.

DeepValuePlay

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Re: Klarman worried about political divide
« Reply #144 on: January 29, 2019, 02:23:59 AM »
Can anyone share the 2018 letter from Klarman that everyone is talking about...?

Thanks!
"What the wise man does at the beginning, the fool does in the end"

stahleyp

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Re: Klarman worried about political divide
« Reply #145 on: January 22, 2020, 11:35:22 AM »
https://markets.businessinsider.com/news/stocks/baupost-seth-klarman-warns-bull-market-end-hoards-cash-letter-2020-1-1028837041

The bull market is going to end?!?!? These don't last forever? He's been predicting the demise for like...10 years now.  ???
Paul

cherzeca

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Re: Klarman worried about political divide
« Reply #146 on: January 22, 2020, 01:33:55 PM »
https://markets.businessinsider.com/news/stocks/baupost-seth-klarman-warns-bull-market-end-hoards-cash-letter-2020-1-1028837041

The bull market is going to end?!?!? These don't last forever? He's been predicting the demise for like...10 years now.  ???

eh, just little league, I have a much larger allocation to cash than klarman, and why exactly will the fuel stoking the bull market end, klarman?  will someone take away the fed's desktop print key?
« Last Edit: January 22, 2020, 01:35:37 PM by cherzeca »

Gregmal

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Re: Klarman worried about political divide
« Reply #147 on: January 22, 2020, 01:53:40 PM »
So... the people like Klarman, who have basically just been saying "market is going up irrationally because of the Fed doing xyz".... and variations of that.... What exactly is on the near horizon that they see stopping this? Because otherwise, they're making a pretty stupid decision to willingly see that certain actions are being taken to support the market, AND YET STILL IGNORING IT for whatever personal reasons they may have. Its a little strange and leads me often to feel they have a different agenda.

cherzeca

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Re: Klarman worried about political divide
« Reply #148 on: January 22, 2020, 02:13:54 PM »
right.  my cash allocation is based upon my personal financial objectives (I never will work again).  a hedge fund manager has no personal financial objectives...should always be fully invested though one can be more defensive if it is defensible.  how can you take (I assume) 1% management fee on 31% of your portfolio earning 1.5%?

stahleyp

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Re: Klarman worried about political divide
« Reply #149 on: January 22, 2020, 02:19:38 PM »
He could always return that cash instead of collecting fees on it. It was too hard to find deals 10 years ago. I'd imagine it's at least a little bit harder these days.

https://www.businessinsider.com/seth-klarman-baupost-group-to-return-capital-2010-11
Paul