What Big Investors Are Thinking and Feeling Greg Valliere takes the pulse of clients on issues including the economy, tax reform and a possible Iranian conflict.
According to Andrew Ross Sorkin, Baupost currently has more than 30% of its funds in cash. He has lost money in only three of the past 34 years. Sorkin also notes that how Klarman wants investors to behave in the age of Trump remains an open question, but a hint is visible at the top of his letter where he included a quotation attributed to Thomas Jefferson:
Greg Valliere takes the pulse of clients on issues including the economy, tax reform and a possible Iranian conflict.