The Boston Red Sox investment, made at 30x current cash flow, turned into an excellent investment because operational management (Sam Kennedy) has grown business value substantially, but the real return has been emotional/experiential value (fun and enjoyment).
factualpending
Speaker
Seth KlarmanEvidence Quote
“it turned out to be a way better investment that I would have thought...the real return has still been the fun it's just been enormously fun”
Created: 8/12/2026, 5:57:12 PM
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