A new article by one of the giant’s among investing suggests that positive early market speculation towards the Trump presidency is just that; early and speculative.
Seth A. Klarman runs Baupost Group in Boston and manages some $30 billion in assets. He has been compared to Warren Buffet and others and has even received praised from him in the past. Klarman has written a private letter to investors in which he cautions investors on previously high valuations.
Read more in The NY Times article: A Quiet Giant of Investing Weighs In on Trump