Speakers — New York 2010
is the managing member and portfolio manager of Pershing Square Capital Management, L.P., a research-intensive value investor in the public markets. Pershing Square has played an active role in creating value at companies including McDonald’s, Ceridian Corporation, Longs Drugs, Wendy’s International, and General Growth Properties. Prior to forming Pershing Square, Mr. Ackman co-founded Gotham Partners, L.P., a public and private equity investment partnership. Mr. Ackman received an MBA from the Harvard Business School.
Lee S. Ainslie III
is the Managing Partner of Maverick Capital Management, LLC. Before starting Maverick in 1993, Mr. Ainslie was a Managing Director of Tiger Management Corporation. Mr. Ainslie serves as Vice Chairman of the Board of Directors of The Robin Hood Foundation, and also serves on the Board of the University of Virginia's Jefferson Scholars Foundation. Mr. Ainslie received a B.S. in Systems Engineering from the University of Virginia and an MBA from the University of North Carolina.
is the founder and Managing Partner of Centaur Capital Partners, a Dallas-based value-oriented investment firm, which serves as the advisor to the Centaur Value Fund. Mr. Ashton also manages the Tilson Dividend Fund, which is ranked five stars by Morningstar and was recently awarded a Lipper Leader award as the #1 performing fund in the equity income category for the trailing three year period ending December 31, 2009.
J Kyle Bass
is the Managing Member and Principal of Hayman Advisors LP’s general partner, formed in December 2005. Hayman Advisors serves as the investment manager to the Hayman Capital Master Fund LP and Japan Macro Opportunities Master Fund LP. Mr. Bass is well known for his prescient investment analysis of the subprime crisis and has appeared before Congress as an expert witness on the matter. He is on the Board of Directors for The University of Texas Investment Management Co. ($16 billion AUM) and is a founding member of the Serengeti Asset Management Advisory Board. Mr. Bass graduated with honors with a Bachelor of Business Administration from Texas
John H. Burbank
is the Founder and Chief Investment Officer of Passport Capital, LLC, a San Francisco global investment firm which manages over $3.0 billion in assets. Prior to founding the firm in 2000, he was a consultant to Roger Richter of JMG Triton Offshore, Ltd. and before that was director of research for ValueVest Management. Mr. Burbank earned a B.A. from Duke University and an MBA from Stanford Graduate School of Business.
J. Carlo Cannell
Having started Cannell Capital in 1992 with $600,000 as a sole partnership, Carlo Cannell sent $488 million back to investors over several years starting in 2004. A liberal arts major (Princeton), he is a third generation investment manager whose style is malleable – he is a fox, not a hedge hog.
Chairman of Greenlight Capital (a value-oriented investment advisor), believes an investment approach emphasizing intrinsic value will achieve consistent absolute investment returns and safeguard capital regardless of market conditions. Prior to founding Greenlight, he was at SC Fundamental. Before that, he was at DLJ.
is the founder and Portfolio Manager of Akanthos Capital Management, LLC, a capital structure long/short hedge fund that specializes in capital structure arbitrage, convertible arbitrage, and event-driven trading. Prior to forming Akanthos in 2002, Mike worked at Canyon Capital Advisors where he co-founded and lead-managed Canyon’s Arbitrage Strategies Group and co-founded the Canyon Capital Arbitrage Fund. Mr. Kao is a graduate of the University of California at Berkeley (B.S., Electrical Engineering and Computer Science) and the Wharton School of the University of Pennsylvania (MBA, Finance).
is the author of The Death of Capital (2010) and the editor of The HCM Market Letter. He is the President of Harch Capital Management, LLC, a firm specializing in below-investment grade corporate debt and structured products based in Boca Raton, Florida.
is 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 $500 million in assets under management. All funds have soundly beaten the indices since inception. Pabrai is the author of two books on value investing, Mosaic and The Dhandho Investor.
Francisco Garcia Paramès
is the CIO of Bestinver Asset Management (€4.8 billion AUM). In 2009 Morningstar elected him as the Best European Manager in European Equities due to his historical returns (16.9% annualized in Spanish equities over the last 18 years and 9.7% annualized in global equities over the last 12 years) and the consistency of his investment philosophy. Mr. Paramès has an Economics degree from the Universidad Complutense and holds an MBA from IESE Business School (Barcelona-Spain).
is the Portfolio Manager of Atlantic Investment Management, Inc., which he founded in 1988, a $1.5 billion global Registered Investment Advisor, with offices in New York and Tokyo. Mr. Roepers is a graduate of Harvard
is Managing Director at Surefin Investments, an India based portfolio management and investment advisory company. Since inception in mid-2001 the fund has returned 29.8% annualized, net of all fees to investors. Mr. Singhi graduated with a B.S. in Economics from the Wharton School at the University of Pennsylvania, with concentrations in Finance and Management.
Guy Spier is the Manager of Aquamarine Fund, an investment partnership inspired by the original 1950’s Buffett partnerships. The fund’s market-beating returns have received mentions by Lipper and Nelson’s World’s Best Money Managers. Mr. Spier graduated from Brasenose College, Oxford and earned an MBA from Harvard Business School.
is the founder and a Managing Partner of T2 Partners LLC, which manages three private investment partnerships and the Tilson Mutual Funds. He is the co-founder of Value Investor Insight, co-authored More Mortgage Meltdown, and was a contributor to Poor Charlie’s Almanack. Tilson writes a regular column on value investing for Kiplinger’s, has written for Forbes, the Financial Times, the Motley Fool and TheStreet.com, was featured in a 60 Minutes segment in December 2008 that won an Emmy, and is a CNBC Contributor. He is the co-founder and Chairman of the Value Investing Congress.
is a 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.