15 Best Stocks to Buy According to Billionaire Seth Klarman

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9. Dollar General Corporation (NYSE:DG)

Baupost Group’s Stake: $274 Million

Dollar General Corporation (NYSE:DG) first made an appearance in the 13F portfolio of Baupost Group in 2023. Back then, it was a small position, consisting of just 242,000 shares, and was sold off before the end of the year. A new position was then opened in the third quarter of 2024. This holding comprised 2.3 million shares. At the end of the fourth quarter of 2025, the fund owned just over 2 million shares in the company, representing a decrease of more than 22% compared to filings for the previous quarter. Klarman, in his book Margin of Safety, has underlined his overall approach to investing in firms like Dollar General, noting that risk is not inherent in an investment but is always relative to the price paid.

Earlier this month, Dollar General Corporation (NYSE:DG) announced earnings for the fourth fiscal quarter, reporting earnings per share of $1.93, beating expectations by $0.29. The revenue over the period was $10.9 billion, up 5.8% compared to the revenue over the same period last year and topping expectations by $80 million.

Dollar General Corporation (NYSE:DG) is a discount retailer that provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, including paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products.

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