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Seth Tobias

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Seth Tobias
Born(1963-04-08)April 8, 1963
Philadelphia, Pennsylvania, U.S.
💀DiedSeptember 4, 2007(2007-09-04) (aged 44)
Jupiter, Florida, U.S.September 4, 2007(2007-09-04) (aged 44)
🎓 Alma materBoston University
💼 Occupation
Hedge fund manager

Seth Tobias (April 8, 1963 – September 4, 2007) was an American hedge fund manager and financial commentator who made frequent appearances on the CNBC television programs Squawk Box and Kudlow & Company.

Early life and education

Tobias was born in Philadelphia, Pennsylvania,[1] on April 8, 1963, and had four brothers, Sam, Spence, Scot and Joshua.[2] He was raised in Plymouth Meeting[3] and graduated from Plymouth-Whitemarsh High School and from Boston University with a B.A. in finance.[1]

Career

He was the president of Circle T Partners, a company he founded in 1996 at age 32 after working for five years as portfolio manager and equity trader at JRO Associates.[4]

Tobias' career began by processing trades for a then-unknown portfolio manager named Jim Cramer, who went on to host "Mad Money." Tobias impressed Cramer, but the job didn't last long. Tobias traded up to a position with the much larger JRO Associates hedge fund. Five years later, Tobias headed out on his own.[3][why?]

Personal life and death

Tobias was married twice.[3]

Tobias died on September 4, 2007, by drowning in his pool. Shortly after his death, his brothers filed a civil lawsuit against his widow, alleging that she drugged and intentionally drowned him. She denied the allegations, and the lawsuit was ultimately settled out of court with the brothers dropping their claims.[5][6][7][8]

References

  1. 1.0 1.1 "Seth Tobias, Hedge-Fund Boss and TV Commentator, Dies (Update3) - Bloomberg". Bloomberg News. 2014-11-11. Archived from the original on 2014-11-11. Retrieved 2023-05-25.
  2. Sorkin, Andrew Ross (November 4, 2007). "A case of fast money and even faster living". The New York Times.
  3. 3.0 3.1 3.2 "The Sordid Death of Hedge-Funder Seth Tobias -- New York Magazine - Nymag". New York Magazine. 8 February 2008.
  4. "TheStreet.com's Annual Hedge Fund Event 2003". www.thestreet.com.
  5. "Sex, Drugs and Mystery in Financier's Death". ABC News. Retrieved 2025-02-27.
  6. Cohn, Scott (2008-01-07). "Murder Accusation Made in Tobias Estate Case". CNBC. Retrieved 2025-02-27.
  7. Cohn, Scott (2008-06-14). "Settlement Reached in Tobias Estate Case". CNBC. Retrieved 2025-02-27.
  8. Cohn, Scott (15 June 2008). "Tobias Estate Case Settlement Calls for Joint Statement". CNBC. Retrieved 28 February 2025.



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