Notable Facts
→Co-founder and recently appointed co-CEO of Horizon Kinetics (founded 1994), a $600M market cap investment firm managing $9.6B in assets
→President and CFO of publicly traded FRMO Corp (OTC: FRMO) with $530M book value
→Board member of multiple public companies including Winland Electronics
→Over 30 years of investment experience, previously at Bankers Trust (1985-1993)
→Recognized thought leader on ETF market risks and indexation problems
→Author of research reports including 'Spin-offs Revisited' and 'Equity Strategies and Inflation'
→Regular speaker at finance conferences and CFA events
→Hunter College graduate with CFA designation
→Recently elevated to co-CEO role following founder Murray Stahl's passing in April 2026