Thursday, July 14, 2011
SMILE SETH - YOU ARE ON THE WORLD WIDE RADAR
It seems our shy guy, Seth Klarman, the titan of the Baupost Group is finding his name in the press alot lately and NOT for his generous donations to good causes in and around Boston, but for his hedgefund's investment in the Melancthon Mega Quarry and the public furor it has created.
I love the quote in the article title: Hedge Fund Manager Seth Klarman is Having a Hard Time With His New Commodity Investment Project where it states: Klarman also has a long history of eschewing media attention and conducting his business in relative silence, which makes his involvement with a controversial project like the Ontario quarry even more curious. “This has to be driving him absolutely nuts,” said one analyst familiar with Baupost.
Entire article is at this link: http://www.businessinsider.com/is-hedge-fund-manager-seth-klarman-destroying-natural-canadian-resources-in-the-name-of-profits-2011-7
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An invitation was extended to Mr. Klarman to visit this area. I believe it was promised it would be a private, non-publicized visit. Does anyone know if he took up the offer?
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