Seth Klarman, the founder of hedge fund Baupost Group, has told clients central bank policies and government stimulus have convinced investors that risk “has simply vanished”, leaving the market unable to fulfil its role as a price discovery mechanism.
对冲基金Baupost Group创始人塞思•克拉尔曼(Seth Klarman)告诉客户,美国央行政策和美国政府刺激措施让投资者相信,风险“已经消失了”,这让市场无法发挥价格发现机制的作用。
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