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Curated Collection
Activist & Contrarian Value Investing
Conviction investing in an index-dominated world
The art of going against the crowd — from Klarman's patience to Ackman's activism, explore how contrarian approaches create value.
~10 hoursValue-oriented allocators and active management advocates6 documents
The Documents
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Shareholder Letter·2020
Baupost Group: The Art of Contrarian Value Investing
Seth Klarman · Baupost Group
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Shareholder Letter·2023
Pershing Square: Activist Investing and Corporate Governance
Bill Ackman · Pershing Square Capital Management
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Shareholder Letter·2022
Elliot Management: The Case for Activist Engagement in Public Markets
Paul Singer · Elliott Management
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Book Excerpt·1991
Margin of Safety: Risk-Averse Value Investing Strategies
Seth Klarman · Baupost Group
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Speech·1984
The Superinvestors of Graham-and-Doddsville
Warren Buffett · Berkshire Hathaway
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