In 2010 Seth Klarman said he was more worried about the world than at any point in his career
The S&P 500 is up almost 600% since then
Some thoughts on why hedge fund managers had a margin of too much safety coming out of the GFC:
https://awealthofcommonsense.com/2025/01/margin-of-too-much-safety/
The S&P 500 is up almost 600% since then
Some thoughts on why hedge fund managers had a margin of too much safety coming out of the GFC:
https://awealthofcommonsense.com/2025/01/margin-of-too-much-safety/
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