Speakers — Los Angeles 2006
Thomas K. Brown
is the CEO of Second Curve Capital, a New York-based hedge fund that specializes in financial services companies. Prior to founding Second Curve in 2000, Brown was head of North American Financial Services Group for Tiger. Before that, he was Institutional Investor's top-ranked bank analyst on Wall Street nine times.
is Editor of The Prudent Speculator and the TechValue newsletters. He is Manager of the Al Frank Fund and the Al Frank Dividend Value Fund, no-load mutual funds. Mr. Buckingham manages more than $875 million in total client assets.
J. Carlo Cannell
is the Managing Member of Cannell Capital LLC in San Francisco, has 16 years of experience investing in small caps and over 19 years of experience in analysis of technology companies. A graduate of Princeton, he attended New College, Oxford.
James S. Chanos
is Founder of Kynikos Associates, the largest investment firm devoted exclusively to short selling. Throughout his career, he has shorted the shares of many corporate disasters. Barron's called his brilliant short of Enron "the market call of the decade, if not the past fifty years"
Mitchell R. Julis
is Founding Partner of Canyon Capital Advisors LLC, which focuses on a credit-oriented value investment strategy and manages over $9 billion. Earlier, he was a Senior Vice President of Drexel Burnham Lambert.
is the Founder of Osmium Partners, which was launched on November 1, 2002 and has generated 26.8% annualized returns since then. Prior to founding Osmium, Mr. Lewis was an Equity Research Analyst at Heartland Funds, a top-ranked fund with $2.7 billion under management.
is the brilliant and outspoken manager of $3.8 billion hedge fund Third Point, which has generated net returns in excess of 25% per annum since it was founded in 1995. Third Point invests internationally in equity and debt securities of companies involved in event driven and special situations.
is the Managing Partner of Pabrai Investment Funds, a group of focused value funds. Since inception in 1999 with $1 million, Pabrai Funds has grown to over $300 million in assets under management. A $100,000 investment in Pabrai Funds at inception in 1999 would have been worth $539,900 as of Sept. 30, 2006, an annualized gain of 26.2% net to investors.
John W. Rogers, Jr
is the Founder of Ariel Capital Management and is the firm's Chief Investment Officer. He manages Ariel's small and mid-cap portfolios as well as the Ariel Fund and Ariel Appreciation Fund. Mr. Rogers has shepherded the growth of assets under management to more than $21 billion.
is the Senior Vice-President of First Pacific Advisors, Inc., is the Portfolio Manager of FPA Crescent Fund, FPA Hawkeye Fund, FPA Multi-Advisor Fund, and various separate accounts. He was previously Chairman of Crescent Management.
is the Portfolio Manager for Sellers Capical Fund (SCF). The fund has returned approximately 30% annually (gross) since inception on August 1, 2003. Prior to forming Sellers Capital, Mr. Sellers was Chief Equities Strategist at Morningstar, and Editor of Morningstar StockInvestor, a monthly newsletter with approximately 40,000 subscribers.
Randall H. Steinmeyer
is a Partner of Lerach Coughlin, the largest class action law firm in the world. The firm devotes its practice to protecting the rights of institutional investors and is currently lead counsel in the world's largest securities cases, such as Enron, HealthSouth and Qwest.
Whitney R. Tilson
is the Founder and Managing Partner of T2 Partners LLC, which manages three private investment partnerships and the Tilson Mutual Funds. He is Co-Editor-in-Chief of Value Investor Insight. Tilson has been a guest on Lou Dobbs Moneyline and Wall $treet Week, has been profiled by the Wall Street Journal and is a regular columnist for Financial Times. He is the Co-Founder and Chairman of the Value Investing Congress.
Glenn H. Tongue
is the Managing Partner of T2 Partners LLC and the Tilson Mutual Funds. Mr. Tongue spent 17 years on Wall Street, most recently as an investment banker at UBS, where he was a Managing Director and Head of Acquisition Finance. Before UBS, Mr. Tongue was at DLJ for 13 years, the last three of which he served as the President of NYSE-listed DLJdirect. Prior to that he was a Managing Director in the Investment Bank at DLJ, where he worked on over 100 transactions aggregating more than $40 billion.
Jeffrey W. Ubben
is the founder of ValueAct Capital, a multi-billion dollar hedge fund that has compounded at 18.1% since inception in 2000. Prior to founding ValueAct, Mr. Ubben spent eight years at Fidelity where he managed two multi-billion-dollar mutual funds, including Fidelity Value Fund.