People

Murray Stahl

Murray Stahl

Formal First Name
Murray

Murray Stahl is the Chairman, Chief Executive Officer, and Chief Investment Officer of Horizon Kinetics, an independently owned investment adviser he co-founded in 1994. He oversees the firm’s proprietary research and leads the committee responsible for portfolio management decisions. Stahl also serves as co-portfolio manager for several registered investment companies, private funds, and institutional separate accounts. He has more than 30 years of experience in the investment industry.

Professional Experience


Academic History

CURRENT APPOINTMENTS

  • Co-Founder, Chairman, Chief Executive Officer, and Chief Investment Officer of Horizon Kinetics
  • Chairman of the Investment Committee at Horizon Kinetics
  • Chairman and Chief Executive Officer of FRMO Corp
  • Member of the Board of Directors of the Minneapolis Grain Exchange
  • Member of the Board of Directors of the Bermuda Stock Exchange 
  • Member of the Board of Directors of the Texas Pacific Land Corporation


PAST RESPONSIBILITIES AT BANKERS TRUST COMPANY

  • As a senior fund manager, he was responsible for investing the Utility Mutual Fund, the Special Opportunity Fund, the Utility Fund, and the Tangible Assets Fund.
  • He was also a member of the Equity Strategy Group and the Investment Strategy Group, which established asset allocation guidelines for the Private Bank. 

MEDIA

  • Stahl has appeared as a guest on Real Vision.