Chairman and Chief Investment Officer, Horizon Kinetics LLC Portfolio Manager
Horizon Asset Management LLC
Murray Stahl has over thirty years of investing experience and is chairman of the board and chief investment officer of Horizon Kinetics, the parent company of Horizon Asset Management. Mr. Stahl also oversees the Horizon Kinetics research team and chairs its investment committee, which is responsible for all portfolio management decisions. In addition, he is co-portfolio manager of the Virtus Horizon Wealth Masters and International Wealth Masters Funds, which are subadvised by Horizon Asset Management.
Prior to co-founding Horizon Kinetics in 1994, Mr. Stahl spent 16 years at Bankers Trust Company as a senior portfolio manager and research analyst. As a senior fund manager, he was responsible for investing the Utility Mutual Fund, along with three of the bank’s Common Trust Funds. He was also a member of both the equity strategy and investment strategy groups, which established asset allocation guidelines for the private bank. By 1994, Mr. Stahl managed approximately $600 million in trust and fund assets and was deeply involved in new product development.Mr. Stahl earned both his B.A. and M.A. from Brooklyn College and an M.B.A. from Pace University. He began his career in the investment industry in 1978.