Cobas AM: Nueva Gestora de Francisco García Paramés

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 Seth Klarman Hedge Fund Buys $645 Million Stake in Just Eat Takeaway
https://www.bloomberg.com/news/articles/2021-08-12/klarman-s-baupost-buys-645-million-stake-in-just-eat-takeaway

"I will go to my grave... believing that really loose monetary policy greatly contributed to the Financial Crisis. There were obviously problems with regulation, but when we had a 1% Fed Funds rate in 2003 after, to me, it was pretty obvious that the economy had turned ((UP)) and I think the economy was growing at 7% to 9% nominal in the fourth quarter of 2003 and that wasn't enough for the Fed. They had this little thing called 'considerable period' on top of the 1% rate just so we would make sure that their meaning was clear. And it was all wrapped around this concept of an insurance cut… I've made some money predicting boom-bust cycles. It's what I do. Sometimes I am right. Sometimes I am wrong, but every bust I had ever seen was proceeded by an asset bubble generally set up by too loose policy..."