Seth Klarman

Seth Andrew Klarman (born 1957) is an American investor and hedge fund manager. He founded The Baupost Group, a Boston-based investment firm, and is known for a value-investing approach influenced by Benjamin Graham. Klarman is the author of *Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor* (1991), a book that has become widely sought after among investors. He has also written and spoken about risk management, market cycles, and the importance of preserving capital. Klarman has been associated with philanthropic giving, including support for education and Jewish causes, and he has served on nonprofit boards.