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.
對沖基金Baupost Group創辦人塞思•克拉爾曼(Seth Klarman)告訴客戶，美國央行政策和美國政府刺激措施讓投資者相信，風險「已經消失了」，這讓市場無法發揮價格發現機制的作用。
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