Delivering Alpha Conference 2014: Full Coverage

We are covering the 4th annual Delivering Alpha conference held at The Pierre, in New York City on July 16th 2014 and bringing together the most important players in asset management tackling the critical issues facing investors in today’s economy. The speakers include, John Paulson, Lee Ainslie, Bill Ackman (the mystery guess), Carl Icahn, John Paulson, Stan Druckenmiller, Nelson Peltz, Ken Griffin, Jack Lew, and Chris Christie among many others. Lots of exciting news and ideas from the conference today covering a wide spectrum of ideas – Below readers can find our full coverage of the event and some analysis on certain segments, check it out!

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Delivering Alpha Conference 2014 Coverage

Bill Ackman And Carl Icahn At Delivering Alpha

Bill Ackman and Carl Icahn appeared on stage together at the Delivering Alpha conference today. They were making nice and sharing the love, almost a repeat of the kumbaya phone call they had earlier this year. Of course both spent ample amounts of time talking about strategy as well.

See full coverage here.

Delivering Alpha – Carl Icahn At Delivering Alpha Talks Apple, Herbalife, Ackman

It wouldn’t be an interview with Carl Icahn if they didn’t talk about activist investing, and Wapner asked him about critics of the investing style, including lawyer Marty Lipton and BlackRock, Inc. (NYSE:BLK) CEO Larry Fink. Icahn repeated comments he said in the past about the type of activism he practices. He agrees with them that some activists are only into stocks for the short term but says he has owned “a lot of stocks” for 10 or 15 years.

See full coverage here.

Also see Carl Icahn And Bill Ackman Talk Investing, Hug and Carl Icahn: I Never Met Phil Mickelson

Delivering Alpha – Peltz Says He’s Very Different From Ackman

Peltz is known to come from the old school that works to make changes to enhance the value of a stock price. When asked on stage if he was like Ackman, Peltz, who manages a long portfolio of nearly $5.7 billion, acknowledged he was “very different.”

“What activism is doing is what private equity used to do … because I think activists are doing this for the benefit of the people who really own the business” Peltz said at the Delivering Alpha conference in New York City.

See full coverage here.

Also see: Ken Moelis Talks Herbalife And Shareholder Activism and Nelson Peltz Talks Pepsi (Possible Proxy), BNY

Delivering Alpha – Paulson Will Talk To Ackman Tomorrow About Allergan

While there has been a debate about the value of the roll-up techniques of pharmaceutical giant Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX), currently in a battle to take over Allergan, Paulson is positive on the firm. “I don’t think anyone has created more value for shareholders than Valeant,” he was quoted as saying. This was a big statement that could be disputed by looking at a company such as Apple Inc. (NASDAQ:AAPL), which created value by investing in research and development and product innovation. Valeant is known for purchasing corporations, gutting the research and development staff and generating short term profits for investors. Paulson did not differentiate between long and short term value creation in his speech.

See full coverage here.

Also see: John Paulson: M&A Activity Likely To Continue

Leon Cooperman At Delivering Alpha Pitches 12 Stocks

Cooperman arranged his stock picks into four categories such as growth at a reasonable price, income and growth, asset restructure plays, and high-risk/high-return.

According to him, the stocks under the growth at a reasonable price category include Actavis plc (NYSE:ACT), Citigroup Inc (NYSE:C) and Thermo Fisher Scientific Inc. (NYSE:TMO).

See full coverage here.

Stan Druckenmiller Scolds Fed At Delivering Alpha

Today’s Fed policy is more puzzling to Stan Druckenmiller than at any point in time, he said while speaking at the Delivering Alpha Conference in New York City. The retired founder of Duquesne Capital Management, who profited handsomely from the financial crisis in 2008, said he believes the US Federal Reserve is putting the economy at great risk through aggressive market intervention.

See full coverage here.

Also see: Stan Druckenmiller: Fed policy Is ‘Baffling’