KAHN FINANCIAL GROUP

Thomas Kahn, the founder's son and the firm's president, has managed the portfolio for more than two decades. He applies the same deep-value methodology that his father Irving Kahn developed while working directly for Benjamin Graham at Graham-Newman Corporation. The firm's investment team is small, and final decision authority rests with Thomas Kahn.

The firm screens for statistically cheap companies with strong balance sheets, typically using price-to-book, price-to-earnings, and enterprise-value multiples as entry filters, then builds proprietary financial models and conducts management interviews. Ideas come entirely from internal quantitative screens and fundamental analysis, not from sell-side research, broker networks, or deal-flow intermediaries.

Kahn Financial Group does not offer a mutual fund, ETF, or any pooled vehicle. All client assets, which are not publicly disclosed, are managed through individual separately managed accounts in a single all-cap US value equity strategy. This structure allows the firm to tailor tax management and liquidity to each client while running a unified portfolio.

The firm invests exclusively in publicly traded US common stocks with no allocation to private companies, venture capital, or pre-IPO placements. Sector exposure concentrates in financials, healthcare, and consumer staples, with additional positions in industrials and energy when screening criteria are met. Kahn Financial does not invest in early-stage, growth-stage, or distressed private securities.

Kahn Financial Group is a separate entity from Kahn Brothers Group, the New York-based investment adviser founded by Irving Kahn and his brothers in 1978. While Irving Kahn was involved with both, Kahn Financial Group was established a decade later in Los Angeles and is now run by Thomas Kahn as a distinct firm with its own client base, portfolio, and operational independence.

No. The firm does not co-invest, syndicate deals, or join club structures. Every investment is made directly in publicly traded equities through its single equity strategy. Kahn Financial has no private-markets allocation and does not partner with external GPs on direct investments.

The firm maintains effectively no marketing function. It does not employ an institutional sales team, does not publish a regular investor letter, and does not sponsor conferences. Its client base grew historically through referrals from the Los Angeles philanthropic and endowment community, and Thomas Kahn grants limited media interviews, typically to value-investing publications.