Author

Books by Seth Klarman

Seth Klarman is the founder and chief executive of Baupost Group, a Boston-based hedge fund managing approximately $30 billion in assets. He is widely considered one of the most successful value investors of his generation. Margin of Safety, written in 1991, has never been reprinted; it remains the only book he has published. Klarman studied under Michael Porter at Harvard Business School and worked at Mutual Shares Corporation under Max Heine before founding Baupost in 1982. He is known for maintaining discipline through extended periods of cash-holding when he finds no attractive opportunities.