Maryland GovPics · CC BY 2.0

Seth Klarman built the Baupost Group, the investment partnership he founded in 1982, into one of the country's most closely watched value-investing funds, following Benjamin Graham's philosophy of buying assets the market had abandoned and holding them until their price recovered. He has written on the discipline of value investing and is frequently compared to Warren Buffett, a comparison rooted in investment record rather than public visibility.