Seth Klarman

Seth Klarman

Seth Klarman

Seth Klarman is the CEO and portfolio manager of The Baupost Group, L.L.C. He has had primary responsibility for managing the investments of Baupost since the company was formed in May 1982. Baupost uses a value discipline with an event-driven bias to find global opportunities in such diverse areas as publicly traded and private equities, bankrupt and financially distressed debt, and real estate.

Author of Margin of Safety, a book that outlines his value investment philosophy, Klarman was chosen as editor for Security Analysis: Seventh Edition, published in 2023. He is a 1982 graduate of Harvard Business School (HBS), where he was a Baker Scholar, and received his Bachelor of Arts, magna cum laude, in economics from Cornell University in 1979.

Klarman serves as chair of the board of directors of the Ó³»­´«Ã½. He is also vice chair of Beth Israel Hospital’s board of managers and a member of their board of trustees. He is a member of the board of dean’s advisors at HBS, where he has been a senior lecturer on value investing and was a 2011 recipient of the school’s Alumni Achievement Award. In 2020, he was elected to the American Academy of Arts and Sciences. Klarman is co-chairman of The Klarman Family Foundation.

July 2025