Klaravich Stables

2008 Record: (6-1-0-2)

2008 Earnings: $33,805

2008 Win %: 16% In-The-Money %: 50%

Owner(s): Seth Klarman
Born: May 21, 1957 in New York City
Residence: Brookline, Mass.
Family: Married with three children
Education: B.A. from Cornell; graduated from the Harvard Business School
Professional Background: Klarman is the president of The Baupost Group, a hedge fund management company ... In 1991, Klarman published a book titled "Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor." Now out of print, the book is a rare find and fetches up to $2,000 ... Klarman is a baseball fan and has season tickets to Boston Red Sox games at Fenway Park.
Racing Background: Klarman discovered racing by growing up three blocks from Pimlico Race Course ... He bought his first horse in the 1980s with a friend and then became involved in partnerships ... In 1993, he and an old friend, Jeff Ravich, who grew up with Klarman in Baltimore, started Klaravich Stable, which was derived from the two owners’ names ... Ravich left the racing end of the partnership to start his own stable on the West Coast in 2004, though he still owns several broodmares in partnership with Klarman ... Klarman kept the stable name and formed a partnership with William Lawrence ... Their horses race under the dual listing of Klaravich Stable and William Lawrence
Racing Career: Subordination, a $75,000 purchase, was Klaravich’s first graded stakes winner ... In 1997 and ’98, he won stakes on the dirt and turf and on the East and West coasts, including 1997 Hollywood Derby and Hill Prince and the 1998 Brooklyn Handicap, Fort Marcy and Eddie Read ... Other stakes winners include Read the Footnotes, winner of the 2003 Remsen (G2), 2004 Fountain of Youth (G1) and seventh-place finisher in the 2004 Kentucky Derby (G1) and Summer Doldrums, winner of the 2007 Whirlaway Stakes (G3) ... Klaravich’s lone Breeders’ Cup starter to date was Globalization, who was 11th in the 2007 Juvenile ... Klaravich Stable and William Lawrence currently have several promising 2-year-olds who could be his ticket back to the Breeders’ Cup ... Worstcasescenario, a filly, won the G2 Adirondack at Saratoga and is a candidate for the Juvenile Fillies, although she is currently dealing with sore feet discovered after a poor performance in the G1 Matron in which she was favored ... Other hopefuls include the colts Not Macho Anymore, who was second in the G3 Sapling at Monmouth, Bulls and Bears and Economic Swoon ... “It’s pretty exciting to have several promising 2-year-olds in the same year,” Klarman said.
Breeding/Racing Operation: Klaravich’s horses are trained by Rick Violette, Chad Brown, Tom Amoss and Terri Pompay.