Seth Klarman Bio | Wiki
Seth Klarman is an eminent American billionaire investor, hedge fund manager, and author. He serves as chief executive and portfolio manager of the Baupost Group he founded in 1982. He follows the investment philosophy of Benjamin Graham and is known for buying unpopular assets while they are undervalued. In addition, he was inducted into Institutional Investor Alpha’s Hedge Fund Manager Hall of Fame in 2008.
Seth Klarman Age
He was born in New York, New York, in the United States on May 21, 1957. Klarman is 66 years old.
Seth Klarman Height
He is a man of average stature. Klarman stands at a height of 5 ft 7 in ( approx. 1.7m ).
Seth Klarman Family
He was born in New York, New York, in the United States to his parents. Klarman holds an American nationality. He is the son of Herbert E. Klarman who was a public health economist at Johns Hopkins University and Muriel Klarman a psychiatric social worker. Shortly after they moved to Baltimore, his parents divorced.
When he was four, he redecorated his room to match a retail store putting price tags on all of his belongings. He made his first stock purchase when he was 10 one share of Johnson & Johnson. Moreover, he has a brother Michael Klarman who is a professor at Harvard Law School.
Seth Klarman Wife
He is married to Beth Schultz Klarman, whom he met on a Boston Harbor cruise in 1982. Klarman maintains a low profile and rarely speaks in public or granting interviews. Beth and Klarman are parents of three children.
Seth Klarman Education
He enrolled at Cornell University in Ithaca, New York, and was interested in majoring in mathematics but instead chose to pursue economics. in 1979, Klarman graduated magna cum laude in economics with a minor in history and was a member of the Delta Chi fraternity. He interned at the Mutual Shares fund and was introduced to Max Heine and Michael Price in the summer of his junior year. Furthermore, he attend Harvard Business School where he was a Baker Scholar.
Margin Safety Seth Klarman | Book
In 1991, a book that Klarman authored about Risk-averse Value Investing Strategies for the Thoughtful Investor. In the book, he discusses his views on value investing, temperance, valuation, and portfolio management, among other topics. Moreover, the book contains 249 pages available for Hardcover from $4,975.50.
Seth Klarman Portfolio | Portfolio 2022 | Holdings
Baupost Group has disclosed 30 total holdings in their latest 13F filing with the SEC for the portfolio date of March 31, 2023. The firm’s current portfolio value is calculated to be $5.82 Billion with a turnover rate is 10%. Some of the firm’s top 5 holdings include Liberty Global PLC (LBTYK), Alphabet Inc (GOOG), Viasat Inc (VSAT), Qorvo Inc (QRVO), and Veritiv Corp (VRTV).
Seth Klarman Baupost | Fund | Hedge Fund | Investor
He founded The Baupost Group in 1982 along with Harvard adjunct professor William Poorvu and partners Howard Stevenson, Jordan Baruch, and Isaac Auerbach. William asked Klarman to help run the fund, which remains at its head today. The firm investment philosophy emphasizes risk management and is long-only.
Seth Klarman Books | Books recommendation
He has authored two books including:
- The Margin of Safety in 1991
- Security Analysis in 2023 ( the 6th edition of Benjamin Graham and David Dodd’s book he edited in 2008)
Seth Klarman Letter | Letter 2022 | Letter 2021 Pdf
Klarman rings the alarm on speculation, complacency, and inflation in his annual letter in January 2022. In the letter, he warned investors about speculation and complacency. He also emphasized the value of hedging and sounded the alarm on political strife in the US. Moreover, he released a highly circulated (but internal) letter to members of his fund that denounced the upcoming investing climate after the inauguration of U.S. President Donald Trump. In addition, in his annual letter, he describes 20 lessons from the financial crisis.
Seth Klarman Daughter
He has three children with his wife Beth. Klarman maintains a low profile and rarely speaks in public or granting interviews. Thus, there are no clear details on his daughter.
Seth Klarman 13f
Baupost Group has disclosed 30 total holdings in their latest 13F filing with the SEC for the portfolio. Some of the company’s data of 13f quarterly reports are available at gurufocus.com.
Seth Klarman House
He lives in Chestnut Hill, Massachusetts with his wife Beth Schultz Klarman, whom he met on a Boston Harbor cruise in 1982. However, he has not shared detailed information regarding his house.
Seth Klarman Security Analysis
He edited the sixth edition of professors Benjamin Graham and David Dodd of Columbia Business School’s book, Security Analysis. Klarman is among the contributors and the new edition of the book will reacquaint you with the foundations of value investing in the tumultuous 21st century markets.
Seth Klarman Horse Racing
He owns Klaravich Stables Inc and since 2006, he has been racing horses with William Lawrence. Their horse, Cloud Computing, won the 2017 Preakness Stakes and the two won the Outstanding Owner category at the Eclipse Awards in 2019. His stables won the Preakness Stakes on Seth Klarman’s 65th birthday with their lightly raced horse Early Voting in 2022.
Seth Klarman Masterclass
He appeared in the original series, Mastering the Markets. In the series, one is able to learn the most successful strategies of some of the market’s greatest minds. Klarman shares his most winning strategies for balancing risk and playing the long game on “Quiet Giant of Investing”.
Seth Klarman Return | 2022 | Rates
His firm Baupost Group is famous for delivering an annual average return of 15% in the past four decades while reporting only four years of losses during this time as per Business Insider in 2022
Seth Klarman 2023 | Cnbc Interview | News
In June 2023, he appeared at Cnbc where he said regular investors make this mistake that ruins their returns. He also stated that investors face the challenge of an ‘everything bubble’ while talking with Jeff Cox.
Seth Klarman Charlie Rose
He was interviewed by the Award-winning journalist Charlie Rose in November 2011. The two discussed his deep commitment to the work of Facing History and his thoughts on philanthropic and financial investment. They also discussed the preference for the new edition of security analysis.
Seth Klarman Net Worth
Klarman is an eminent 66-year-old American billionaire investor working as chief executive and portfolio manager of the Baupost Group he founded in 1982. His net worth is $1.3 Billion.
Who Is Seth Klarman
Klarman is an eminent 66-year-old American billionaire investor, hedge fund manager, and author. He serves as chief executive and portfolio manager of the Baupost Group he founded in 1982. He follows the investment philosophy of Benjamin Graham and is known for buying unpopular assets while they are undervalued. In addition, he was inducted into Institutional Investor Alpha’s Hedge Fund Manager Hall of Fame in 2008.
How Did Seth Klarman Make His Money
Klarman runs Boston-based firm Baupost which has $30 billion under management and he is seen as an expert in value investing. He also sells his book “Margin of Safety”
How Old Is Seth Klarman
He is 66 years old born in New York, New York, in the United States on May 21, 1957.