Seth A. Klarman
Value investor and hedge-fund manager
Seth A. Klarman is an American investor who founded the Baupost Group and wrote Margin of Safety. He was lead editor of the sixth edition of Security Analysis.
1 summary 19 min of listening
Born 1957 in the United States
About Seth A. Klarman
Seth A. Klarman is an American hedge-fund manager who founded the Baupost Group, a Boston-based investment partnership. He has been responsible for managing its investments since it was formed in May 1982, and he serves as its chief executive officer (CEO) and portfolio manager. Baupost follows a value approach with an event-driven bias. It looks for opportunities worldwide, including public and private equities, distressed debt and real estate. Klarman described his own value investing philosophy in Margin of Safety. In 2008 he led the editing of the sixth edition of Security Analysis. Klarman studied economics at Cornell University and graduated from Harvard Business School in 1982, where he was a Baker Scholar. He has been a senior lecturer on value investing at Harvard Business School. He serves on the board of the Broad Institute and is co-chairman of The Klarman Family Foundation. The American Academy of Arts and Sciences elected him as a member in 2020.