jacobwolinsky

http://finance.fortune.cnn.com/2012/10/11/seth-klarman-jpmorgan-ny-ag-case/

Two questions, 1. Anyone have any idea why he didnt include may returns? Letter was dated June 12th, I got stat sheet for May yesterday, dated early June? Seems a bit strange? http://www.valuewalk.com/2012/06/ackmans-pershing-square-up-2-6-ytd-rare-short-position-added/. He did awful in may but is that reason he would just leave it out (and April is missing) 2. Anyone have an idea what his short is? Hes usually long only?

Read a good two dozen books on financial crisis and this was mentioned in a few, but i dont recall such specific details about a deal. I could be mistaken, in which case I apologize posting an old story.

This is an exclusive from THe Alpha masters new book. I spoke with the author before using this title since it is very explosive/damaging - http://www.valuewalk.com/2012/05/david-tepper-thinks-goldman-sachs-asked-him-to-make-illegal-trades/

http://www.valuewalk.com/2012/05/berkshire-hathaway-inc-brk-a-wanted-to-buy-lehman-brothers/

Thought you would enjoy this, Klarman thinks rally is Fed and ECB induced Bubble http://www.valuewalk.com/2012/05/seth-klarmans-baupost-group-market-rally-could-end-with-tears/

Enjoy! http://www.valuewalk.com/2012/05/dan-loeb-is-long-portuguese-bonds-apple-risk-arb-esrxmhs/

Bc economists are any better at forecasting? I would take Einhorn over anyone forecasting GDP in Q4 2014 any day.

If anyone could post them it would be GREATLY appreciated, love hearing watsa' thoughts

I just got a pass for MKL meeting and offer still stands...

I cant make it to Berkshire but if anyone could take notes for valuewalk i would greatly appreciate it if you visit this forum regularly youll know that i can repay with some nice goodies (or fiat currency) please contact info (at)valuewalk.com if your interested. Hope to see you all next year.

Thanks oddball GREAT read i got a bunch of sell side reports im going to post them tomorrow hopefully

Anyone know the bear case for the company? Havent looked in depth but seems super cheap

Thought you guys would appreciate news, also looks cheap thoughts? http://www.valuewalk.com/2012/04/seth-klarmans-baupost-group-buys-26-million-shares-of-vivendi/

hes speaking at the NYSSA this thursday. I have emailed him but hes pretty busy with the IPO (and managing $85B)

Wow thanks! Cant believe he posts them on his site. I dont know any other hedge fund which does.

Here-http://www.valuewalk.com/2012/03/bill-ackmans-pershing-square-is-up-9-year-to-date/

LOL sorry thats all i have im looking for the full letter. Next time comment on my website i wont see it here as quickly. This is all i have-http://www.valuewalk.com/2012/03/dan-loebs-third-avenue-q4-letter-long-yahoo-the-case-for-alibaba/

Prob not possible except for institutional investors

Here is Europe and country specific: Stats are from morgan Stanley-http://www.valuewalk.com/2012/03/european-shiller-pe-below-13-ero/

Interesting...From what I heard he still does have CDSs on Greek sovereigns.

No worries Ben. I think $10b now is prob unlikely I am trying to get more info to get a #. What denominations do CDSs come in? Bc if they come in $100k units of $1m, we would know he at least made $65,-$650m

He sold off some he did not sell them all, but the number is high, however, it could be in the billions.

Someone told me it actually might be around $3billion John Mauldin disagree w/ the net CDS #: Secondly, the number that keeps showing up in the press is that there are only $3 billion of credit default swaps on Greek debt. That is only half true. The reality is that there is a NET $3.2 billion of CDS on Greek debt. The total or GROSS amount of swaps written is estimated to be about $60-70 billion (Dan Greenhaus, Chief Global Strategist, BTIG). This is in the 4,323 contracts that are known about. Of the net exposure, the loss is likely to be less than the $3.2 billion, unless Greek debt goes to absolute zero. But that does not tell the whole story. For instance, just one Austrian state-owned "bad bank," KA Finanz, faces a hit of up to 1 billion euros ($1.31 billion) for the hole Greece's debt restructuring punches in its balance sheet. That loss, which will be borne by Austrian taxpayers, is someone else's gain. The net number means nothing to them – they lose it all, over a third of the expected total loss. Every bank and hedge fund, insurance company, and pension fund has its own situation. Care to wager that the larger banks won't win on this trade? My bet is that there will be $30 billion in losses, out of which maybe someone will make $27 billion in gains.

Link here-http://www.valuewalk.com/2012/03/kyle-bass-stands-to-make-700000-on-greek-credit-default-swap-payout/#.T1wPVjHCkhU