Several Presentations from the Value Investing Congress

Below are several presentations from the Value Investing Congress, I will be posting Bill Ackman’s and David Einhorn’s when they become available. Whitney Tilson & Glenn Tongue, Leon Cooperman, and Jim Chanos’ presentations’ I posted seperately

Gut Gottfried is the founder and manager of Rational Investment Group, a value-oriented investment fund. Rational employs a risk-averse, research-intensive value methodology to uncover securities exhibiting material upside potential along with minimal risk of capital impairment. Prior to launching Rational, Mr. Gottfried was a senior analyst at Bruce Berkowitz’s Fairholme Capital Management. Mr. Gottfried is a graduate of York University in Toronto, where he was a President’s Scholarship recipient.

My notes here-

Einhorn’s FOF Re-positions Portfolio, Makes New Seed Investment In Year Marked By “Speculative Exuberance”

david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short biasIt has not just been rough year for David Einhorn's own fund. Einhorn's Greenlight Masters fund of hedge funds was down 3% net for the first half of 2020, matching the S&P 500's return for those six months. In his August letter to investors, which was reviewed by ValueWalk, the Greenlight Masters team noted that Read More

Guy Gottfried

Ricky Sandler is the Managing Member and Senior Portfolio Manager of Eminence Capital, LLC, an investment manager that employs a ‘quality value’ approach to investing. Before founding Eminence in 1998 Mr. Sandler co-founded and co-managed Fusion Partners, a long / short investment partnership. Prior to that Mr. Sandler was a research analyst covering a wide range of industries and companies for Mark Asset Management, a research-driven investment management organization. Ricky Sandler manages over $3 billion, and has 20% net returns since 1999. Mr. Sandler received a BBA in Accounting and Finance graduating with honors from the University of Wisconsin where he currently serves as a board member for the University of Wisconsin Foundation and as a member of its Investment Committee.


Co-founder of Longacre Fund Management, LLC, 1998 and LSE Fund Management, LLC, 2005. Vladimir Jelisavcic is a member of Longacre’s Investment Committee. Since inception the fund has produced returns of ~9.7% annually net of fees. Mr. Jelisavcic was, until November 1998, a Vice President in the High Yield Department of Bear, Stearns & Co. Inc., where he was responsible for trading distressed bank loans and private notes as well as the identification and analysis of investment opportunities in distressed securities. Mr. Jelisavcic joined Bear, Stearns in 1993. In 1991, Mr. Jelisavcic worked as a law clerk for the U.S. Securities and Exchange Commission in Los Angeles. From 1987 to 1990, Mr. Jelisavcic worked in the Tax Department of Deloitte & Touche. Mr. Jelisavcic was a C.P.A. and the author of articles on trading claims and creditors’ rights published in the Journal of Corporation Law. Mr. Jelisavcic earned a J.D. (cum laude) from the University of Iowa College of Law in 1993 and a B.S. in Accounting from New York University in 1987.

Vladimir Jelisavcic Longcare llc

Timothy E. Hartch is a Partner at Brown Brothers Harriman and the co-head of the firm’s public equity investment team, which manages over $9.0 billion in assets as of June 30, 2011. Brown Brothers Harriman has a total aum of over $2.8 trillion. Timothy Hartch is the co-manager of BBH’s large cap Core Select equity portfolios and co-manager & co-founder of an investment partnership that focuses on information and business service companies. Mr. Hartch received an A.B. from Harvard University and a J.D. and M.B.A. from the University of Michigan.

Timothy Hartch Brown Brothers Harriman

Alexander Roepers is the President of Atlantic Investment Management, Inc., which he founded in 1988, a $1.5 billion global equity hedge fund firm, with offices in New York and Tokyo. Mr. Roepers holds an MBA from Harvard University.

In 1993, Roepers founded AJR International, an offshore hedge fund. In 1996, he launched a second fund, Cambrian Fund Ltd. and Cambrian Partners LP. Until 2002 (last data available), AJR has 22.2 % since per annum and the Cambrian strategy 33.2% per annum.

Alexander Roepers

Bernard R. Horn Jr. is president and founder of Polaris Capital Management, LLC, a $4 billion Boston-based investment firm. Mr. Horn developed the firm’s global value philosophy and process nearly three decades ago. Polaris follows a disciplined investment process using a combination of proprietary investment technology and traditional fundamental research to identify the most undervalued companies worldwide. Mr. Horn’s 27-year track record exceeds most current competitors and has produced admirable risk-adjusted returns since 1984. An industry forerunner, he is frequently profiled in nationally-recognized media outlets. Mr. Horn is a graduate of Northeastern University (1978) with a B.S. in business administration and holds a master’s of science degree in management from the Alfred P. Sloan School of Management at M.I.T.

Bernard Horn