Some Good News for Hedge Funds

The video discusses recent developments in the hedge fund industry, including leadership changes at CQ, where Michael Haynes steps down and Xavierre Rulei takes over. It highlights trends in hedge fund succession, with many founders returning to investment roles. The performance of Baupost and Bridgewater is analyzed, noting Baupost's value investment strategy and Bridgewater's success in raising funds for its China Offshore fund. The video concludes with a discussion on the continued attraction of big hedge funds despite varying performance.

What is notable about Baupost's performance in the current market?

What strategy does Seth Klarman, the head of Baupost, employ in his investment approach?