Contrarian Value Investing » Baupost Group http://www.contrarianvalueinvesting.com Contrarian Value Investing At Its Finest Tue, 06 Dec 2011 23:04:08 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Seth Klarman’s Baupost Group Reports 10.8% Stake In Centerplate (CVP) http://www.contrarianvalueinvesting.com/2008/08/11/seth-klarmans-baupost-group-reports-108-stake-in-centerplate-cvp/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.contrarianvalueinvesting.com/2008/08/11/seth-klarmans-baupost-group-reports-108-stake-in-centerplate-cvp/#comments Mon, 11 Aug 2008 14:30:50 +0000 alexg http://www.contrarianvalueinvesting.com/?p=108 Want to follow an investor who invests like the 1960′s Warren Buffett? Seth Klarman is that man. Out of all the “gurus” out there, Seth Klarman is the one who continues to baffle me with his stock picks.

Seth Klarman is known as an investor who keeps a low profile while heading the Boston based  Baupost Group. When the Baupost Group establishes a sizeable position, one has to take notice. It is no coincidence the firm has averaged 20% annual returns since 1983. According to this 13G filing, Baupost Group bought 2,255,318 shares of Centerplate (CVP). I haven’t looked at Centerplate’s latest SEC Filings but I am assuming the position has to do with Centerplate looking for a buyer. I wouldn’t bet on Centerplate (CVP) without further due dilligence as Seth Klarman’s picks are tough to figure out without spending significant time on them, then again that’s why they have impressive returns.

]]> http://www.contrarianvalueinvesting.com/2008/08/11/seth-klarmans-baupost-group-reports-108-stake-in-centerplate-cvp/feed/ 3