Seth Klarman letter to investors

[opmi]

Can borrow from NUS lib. Read before.

So price of respecting IP is 0.

[yeokiwi]

Can borrow from NUS lib. Read before.

So price of respecting IP is 0.

It is certainly not available in NLB.

Unless you are NUS students/staff, NUS lib is not free.
So, price of respecting IP is $xxx for NUS lib external membership.

[opmi]

Ok la. I asked my friend to help me borrow from NUS lib.
Zero cost to me.

Don't know NUS Lib external membership can borrow or not.

It is restricted book with a notice pasted on the cover. Lost or
damaged, pay $2000.

I must say it is a good book. But not a fantastic one.

[weijian]

hi opmi,
Thanks for the reminder. I remember something similar happened a few years back.

I have to admit I am not at the level of behavior you desire.

[yeokiwi]

I will close your thread by the end of the day, unless someone manages to post the actual letter here.

Challenge accepted.

https://www.docdroid.net/nGPzU1Q/baupost...r.pdf.html

I have downloaded the pdf. If the link becomes invalid, feel free to pm me for the pdf.

Another working link.
https://gofile.io/?c=IGs1mZ

[kikababoo]

I will close your thread by the end of the day, unless someone manages to post the actual letter here.

Challenge accepted.

https://www.docdroid.net/nGPzU1Q/baupost...r.pdf.html

I have downloaded the pdf. If the link becomes invalid, feel free to pm me for the pdf.

Another working link.
https://gofile.io/?c=IGs1mZ

Thanks.

[TTTI]

I will close your thread by the end of the day, unless someone manages to post the actual letter here.

Challenge accepted.

https://www.docdroid.net/nGPzU1Q/baupost...r.pdf.html

I have downloaded the pdf. If the link becomes invalid, feel free to pm me for the pdf.

Another working link.
https://gofile.io/?c=IGs1mZ

Wow. 
Power of "crowd sourcing"
Many thanks to both of you (Jacmar and yeokiwi) for the efforts in sharing this.

[YMPL]

I don't know the price of respecting the IP, but I do know the price of not respecting it.

"慎独" - 共勉之

[piggo]

The letter doesn't reveal much about what he expects in 2017 apart from volatility (which is pretty much common knowledge) and that there will be pockets of opportunities which his fund will (naturally) seize.

Guess the rich got rich by giving nothing away