Sharmil Modi, an analyst at Baupost Group, a giant hedge fund in Boston, was surprised to learn that some scientists at the Broad Institute, a Cambridge biomedical research center, were having trouble funding their biomedical research. 294 more words
Tags » Baupost Group
This is a segment from the latest Baupost Group Q4 letter:
“…Calling us a hedge fund won’t make us act like one. We won’t usually develop opinions on the most widely owned or shorted equities; such stocks aren’t likely to be a source of opportunity for Baupost. 373 more words
Below is an excerpt from the Buapost Group’s 2013 shareholder letter from Seth Klarman. Klarman has recently given back 4 billion to investors due to lack of ideas, 40% of the portfolio being cash, and a “Truman Show” style market where everything is make believe and everyone is pretending. 2,662 more words
TORONTO – Citizens in rural Ontario are continuing their fight against a proposed mega-quarry.
Top chefs were joined by musicians Ron Sexsmith, Jim Cuddy, Sarah Harmer, Cuff the Duke and Hayden this weekend, as part of Foodstock. 359 more words