Below is information on an exciting upcoming conference organized by the Ivey School’s Ben Graham Centre for Value Investing.” The conference is titled The Ben Graham Centre’s 2012 Value Investing Conference. The topic is value investing and the speakers include David Winters, Mohnish Pabrai, Lauren Templeton, among other great investors.
This is a great opportunity to not only hear from great investors, but to network with them. Below is more information. DISCLOSURE: I receive zero compensation for this event. The only compensation would be I a media pass if I can attend, which I certainly hope! I am mentioning the conference because I think many readers will be interested in attending.
Below is information on an exciting upcoming conference organized by the Ivey School’s Ben Graham Centre for Value Investing.”
Stock markets in Canada and around the world had a terrific run from 1982 to 1999. Investors could make money on autopilot, simply by investing in diversified index funds – but not any longer. Nowadays, equity markets have become increasingly volatile. Volatility will intensify in the future as productivity growth slows, taxes, inflation and interest rates increase and baby boomers begin to retire and spend their hard-earned money rather than saving and investing.
The only way to make money in this environment is to be an active portfolio manager and a disciplined and patient stock picker – like a value investor. Selecting the right stocks will do more to mitigate risk than controlling and managing risk through diversification. Value investors have concentrated portfolios, not because they reject diversification, but rather because they choose companies they understand. They buy businesses cheap based on their assets or future earnings and protect their investments’ downside by applying a margin of safety.
If you’re intrigued by value investing, join Ivey Professor George Athanassakos – Canada’s most sought after value investing expert – and a number of high profile value investors and corporate executives at the The Ben Graham Centre’s 2012 Value Investing Conference at the Toronto Board of Trade between 12 noon and 6pm.