The Value Investing Congress is the place for value investors from around the world to network with other serious, sophisticated value investors and benefit from the sharing of investment wisdom.

22 world-renowned speakers have come to the Spring Value Investing Congress 2014 from all sectors of value investing to share the cutting edge ideas and techniques that make them successful.

We are covering the Value Investing Congress in Las Vegas. Make sure you sign up for our free newsletter to ensure you do not miss any!

Value Investing Congress

NOTE these are all (very) informal notes from the presentations, however, they summarize the main points, and we have the full slides for every speaker.

Value Investing Congress speakers and presentations

We are providing highlights as Value Investing Congress 2014, below are the links to speakers and their presentations.

Whitney Tilson

Whitney Tilson is the Founder and Portfolio Manager of Kase Capital, a value-oriented hedge fund. He is the Chairman of Value Investor Insight and the co-author of The Art of Value Investing. He is co-founder and Chairman Emeritus of the Value Investing Congress. Long Idea:  Sodastream International Ltd (NASDAQ:SODA).

See presentation here.

Sahm Adrangi

Sahm Adrangi is the managing partner of a New York-based fundamentally-oriented investment manager that manages close to $300 million and focuses on long-term value investments and event-driven special situations. Kerrisdale actively shares its investment ideas with the broader investment community through its own website and third party websites. Short idea: Bank of Internet, BofI Holding, Inc. (NASDAQ:BOFI).

See presentation here.

The Sleuth

“The Sleuth” has carefully studied a wide range of dicey companies and made a lot of money shorting their stocks. Now, he has uncovered damning new information about a number of public companies and the promoters behind them… and he revealed it in a talk at the Value Investing Congress. Short idea: Organovo Holdings Inc (NYSEMKT:ONVO).

See presentation here.

Tim Eriksen

Tim Eriksen is the founder and president of Eriksen Capital Management. He has managed a private fund that focuses primarily on small and micro cap stocks since 2006. Idea: AWILCO (OTCMKTS:AWLCF).

See presentation here.

Carlo Cannell

Since 1992, Carlo Cannell has searched for and discovered mispriced securities in the dusty corners of the public equities market. Known for his bottom-up, fundamental approach, this third-generation investment manager’s style has been contrarian and adaptive over time. Long: US Concrete Inc (NASDAQ:USCR), Cavco Industries, Inc. (NASDAQ:CVCO), Build-A-Bear Workshop, Inc (NYSE:BBW).

See presentation here.

Daniel Miller And Richard Lashley

Daniel Miller is a managing director of GAMCO Investors (NYSE:GBL), a diversified financial services firm with over $40 billion under management, and has been the lead portfolio manager of the Gabelli Focus Five Fund since inception of the investment strategy on January 1, 2012. Ideas: The Bon-Ton Stores, Inc. (NASDAQ:BONT), Rowan Companies PLC (NYSE:RDC).

Richard Lashley is a co-founder and principal of PL Capital, an investment firm specializing in U.S. community banks and thrifts. PL Capital utilizes shareholder activism to improve corporate governance and maximize shareholder value in the banks and thrifts in which it invests. Prior to PL Capital, Rich was a CPA at KPMG Peat Marwick from 1984 to 1996. Small cap bank ideas: Metro Bancorp Inc (NASDAQ:METR), Horizon Bancorp (NASDAQ:HBNC) Intervest Bancshares Corp (NASDAQ:IBCA)

See presentation here.

Chris Mayer

Chris Mayer is the managing editor for Agora Financial, one of the largest publishers of independent financial advice. He is the editor and founder of Capital & Crisis, a newsletter focused on global value investing. He is the author of World Right Side Up: Investing Across Six Continents, and has appeared on CNBC and Fox News. Idea: Cherry Hill Mortgage Investment Corp (NYSE:CHMI), Kennedy Wilson Europe Real Estate PLC (LON:KWE)

See presentation here.

David Neuhauser And Lisa Rapuano

David Neuhauser founded Livermore Partners, an opportunistic value-oriented hedge fund whose focus is in energy, industrials, and financials. Livermore works with the firm’s portfolio management teams to unlock value and realize strong returns. Prior, he worked with financier Leon Greenblatt III in a activist/risk arbitrage hedge fund. Volt Information Sciences, Inc. (OTCMKTS:VISI), Occidental Petroleum Corporation (NYSE:OXY), TriOil Resources Limited (CVE:TOL)

Lisa Rapuano founded Lane Five Capital Management in 2007. Lane Five runs a long-biased, concentrated valuation-driven investment partnership to buy significantly undervalued securities of businesses it believes can create long-term value for shareholders and to hold them for many years. Idea: Markel Corporation (NYSE:MKL), Bed Bath & Beyond Inc. (NASDAQ:BBBY)

See presentation here.

Tom Russo

As a partner of Gardner Russo & Gardner, Tom Russo helps to oversee $4 billion as general partner of Semper Vic Partners limited partnerships and in individually managed accounts. Russell, a graduate of Dartmouth and Stanford, serves on the Executive Advisory Board of the Heilbrunn Center for Graham & Dodd Investing. Top holdings: Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B),Nestle SA (VTX:NESN) (OTCMKTS:NSRGY), Philip Morris International Inc. (NYSE:PM), Mastercard Inc (NYSE:MA), Wells Fargo & Co (NYSE:WFC)

See presentation here.

Isaac Schwartz

Isaac Schwartz is a Portfolio Manager for Robotti & Company Advisors LLC, an investment adviser that seeks to invest in companies trading at a significant discount to intrinsic value. In 2005, Mr. Schwartz launched the Robotti Global Fund, to apply fundamental investing in overseas markets. Idea: Tarkett SA (EPA:TKTT)

See presentation here.

Eric Andersen

Eric Andersen founded Western Standard in 2008 after working at the Blackstone Group, J.P. Morgan Partners, and Ivory Investment Management. Western Standard’s approach to analyzing long-term investment opportunities is research intensive and focused on downside risk. Ideas: Forrester Research, Inc. (NASDAQ:FORR), OFS Capital Corp (NASDAQ:OFS), Hart DC.

See presentation here.

David Hurwitz

David Hurwitz is a Partner at SC Fundamental, a value-based long/short hedge fund founded in 1990. In focusing on value, SC invests as if there were no market. That is, it attempts to buy stocks and bonds which would provide good returns even if it could never sell them. Idea: Value Investments In South Korea.

See presentation here.

Michael Kao

Michael Kao is the founder and portfolio manager of Akanthos Capital Management, LLC, a capital structure long-short fund with an event focus based in Los Angeles.  Prior to forming Akanthos in 2002, Mike worked at Canyon Capital Advisors where he co-founded the Canyon Capital Arbitrage Fund, directing investments in various arbitrage strategies. Idea: TAG OIL LTD (TSE:TAO) (OTCMKTS:TAOIF)

See presentation here.

Chan Lee And Albert Yong

Chan Lee and Albert Yong are the Co-Founder and a Managing Partner of Petra Capital Management. Since inception in September 2009, its Petra Korean Value Equity strategy has earned an annualized return of 24.9%, significantly outperforming the Korean index (i.e., KOSPI) which has returned 4.7% annualized during the same period. Idea: Nexen Tire Corp (KRX:002350)

See presentation here.

Zeke Ashton

Zeke Ashton is the Founder and Managing Partner of Centaur Capital Partners. CCP is the advisor to the Centaur Value Fund, a long/short private investment partnership founded in 2002. Mr. Ashton is also the portfolio manager of the Centaur Total Return Fund (ticker TILDX), a retail mutual fund that follows an income-oriented equity strategy. Idea: Buy BMW.

See presentation here.

Daniel Ferris and Arnaud Ajdler

Daniel Ferris is the Editor of Extreme Value, a monthly investment advisory which focuses on the safest stocks in the market: great businesses trading at steep discounts. His strategy

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