SUN VALLEY, ID - JULY 10:  Seth Klarman, founder and president of the Baupost Group, a Boston based private investment partnership, arrives for the Allen & Company Sun Valley Conference on July 10, 2012 in Sun Valley, Idaho. Warren Buffettt, Bill Gates and Mark Zuckerberg have been invited to attend the conference which begins Tuesday.  (Photo by Kevork Djansezian/Getty Images)