Seth Klarman is one of the most respected value investors managing money today. His hedge fund, the Boston-based Baupost, has delivered annualized returns for investors in the region of 20%. These returns are even more impressive when you add in the fact that since inception, the firm's average cash allocation has been between 20% to 40%. Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham.