Special thanks to Bill Ackman, Maneet Ahuja and Mark Axelowitz for arranged the conference.
The conference opened up with the following performance information:
9.5% up from one year ago, seven ideas equally weighted versus ~1% for the S&P500.
Last year’s best performing idea was JCP, presented by Bill Ackman and up 34% since then.
56% total return from two years ago in an equally weighted basket.
Liberty media up 193%
GGP up 110%, which was presented by Ackman
Bill Ackman joked about making a Girls and Boys Harbor Conference hedge fund.