Below is a brief announcement from my friend, Rahul Saraogi, about an event he is conducting soon in India. It is inspired by Guy Spier and John Mihaljevic’s ValuEx, which took place in Zurich, Switzerland earlier this year.
Although I would love to go, I cannot attend due to personal and work obligations. I received no compensation from the following post.
I thought the readers would enjoy, and might be interested in attending.
Seth Klarman: Investors Can No Longer Rely On Mean Reversion
"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More
One last thing…. I cannot find returns for Rahul’s current hedge fund, but at his prior fund; Rahul spent four years leading Meridian Investments, generating a 430% absolute return for the firm’s high net worth clients.
I am delighted to invite you to the first VALUEx India to be hosted in Mumbai, India from 7th – 9th November 2011.
VALUEx India is a not for profit event based on the principles of ideas worth sharing and peer to peer learning.
The goal of VALUEx India is to serve as a forum for like-minded investors from India and around the world to get together and share ideas and learnings and in the process to enable participants to become better investors and better people.
You can find out more about the event at http://www.valuexindia.com
VALUEx India is an invitation only event and space is limited. If you would like to attend, please email us at [email protected] with a brief note about yourself and how you can contribute to the group.
I look forward to seeing you in Mumbai.