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Klarman at Boston CFA Institute


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Seth Klarman spoke recently at the CFA Institute in Boston. He is quite concerned about the markets and the economy:


"Given the recent run-up, I'd be worried that we'll have another 10 years of zero returns."


"I'm more worried about the world broadly than I've ever been in my whole career."


Owns far out-of-the-money puts on bonds to hedge inflation risk.



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