The 8th Annual New York Value Investing Congress ended this afternoon. This will be our final (our second to final) post on the topic. Readers can find our full coverage on the Value Investing Congress here. Below are all the presentations from the speakers in scribd.
Bill Ackman gave a lengthy presentation giving the long case for General Growth Properties Inc (NYSE:GGP). He also discussed the other players involved, Howard Hughes Corp (NYSE:HHC) and Simon Property Group, Inc (NYSE:SPG). The presentation is embedded below in scribd:
JANA Partners’ Barry Rosenstein presented the bullish case for Agrium Inc. (NYSE:AGU), where the his hedge fund is currently trying to get the company to implement some changes.
David Einhorn of Greenlight Capital, re-iterated his short thesis for Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR). He also revealed a new short position in Chipotle Mexican Grill, Inc. (NYSE:CMG). On the long side, Einhorn likes General Motors Company (NYSE:GM), and CIGNA Corporation (NYSE:CI). The 120 slide presentation will be up shortly.
Alex Roepers gave five long ideas. The stocks are; Energizer Holdings, Inc. (NYSE:ENR), Rockwood Holdings, Inc. (NYSE:ROC), Clariant AG, FLSmidth & Co. A/S (CPH:FLS), and Joy Global Inc. (NYSE:JOY). The full presentation is below:
John Mauldin, mostly talked macro, and his theme was investing in an election year.
Zack Buckley pitched a short idea, Splunk Inc (NASDAQ:SPLK)
Mick McGuire’s three favorite longs; Alexander & Baldwin Inc (NYSE:ALEX), Gencorp Inc (NYSE:GY) and Brookfield Residential Properties Inc (NYSE:BRP).
Whitney Tilson sounded extremely bullish on Netflix, Inc. (NASDAQ:NFLX), comparing it to Amazon.com, Inc. (NASDAQ:AMZN). Tilson also states why he likes Howard Hughes Corp (NYSE:HHC), and Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)
Kian Ghazi thinks Layne Christensen Company (NASDAQ:LAYN) is a good long.
Glenn Tongue states why he thinks American International Group, Inc. (NYSE:AIG) and Iridium Communications Inc. (NASDAQ:IRDM) are both good longs.
The Congress also posted a special presentation with notes, speeches and more from Charlie Munger of Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B). The 300+ page presentation is embedded below:
Lloyd Khaner likes Starbucks Corporation (NASDAQ:SBUX) and Jamba, Inc. (NASDAQ:JMBA)
Bob Robotti is bullish on Calfrac Well Services Ltd. (TSE:CFW)
Jeffrey W. Ubben on ‘Avoiding Complexity and the VAC Circle of Life’