Klarman at Boston CFA Institute

[Eric50]

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.

 

http://www.reuters.com/article/idUSN1815559420100518