The latest episode of the Value Investing With Legends podcast is my discussion with Seth Klarman of the Baupost Group. Among the topics we cover include: - The impact of indexing - Generalists vs. specialists in investment research - Why value investing = a contrarian streak + a calculator - Managing behavioral biases - Current market outlook - How AI is changing research and efficiency - Differences between analyst and portfolio managers @CenterDodd @Columbia_Biz