Seth Klarman is the CEO and portfolio manager of The Baupost Group, L.L.C., which currently manages approximately $29 billion on behalf of individual and institutional clients. 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 lead editor for Security Analysis: Sixth Edition, published in 2008. 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.