By Jeffrey To: Procter and Gamble (PG) was a favorite stock pitched by hedge fund manager Bill Ackman at The Ira Sohn Conference. His $12B hedge fund holds over 27.9 million shares of PG, making up almost 19% of his portfolio. Ackman...Show More Summary
By Jae Jun: At the Ira Sohn conference on Wednesday, Jim Chanos gave a presentation on being short Seagate (STX). Chanos has been negative on the entire PC industry citing that the explosion in smartphones and tablets are eroding PC sales. Show More Summary
The Value Investing Congress headed by Whitney Tilson just wrapped up in Vegas. While not as ballyhooed as the Ira Sohn and the Salt conferences, value investors eagerly anticipate its new long and short ideas. This time around there were three financials highlighted as long ideas. First Citizens BancShares Inc. (NASDAQ:FCNCA) was presented by Chris Mayer. [...]
On Thursday, shares of Digital Realty Trust (DLR) fell sharply after hedge fund manager Jon Jacobson discussed their short opinion on the company at an Ira Sohn Conference. I did not attend the conference, and all of my information about the short thesis is derived from outside third-party sources. Show More Summary
What were the big investing idea takeaways from this year's Ira Sohn conference?
Each year, the Ira Sohn conference is held in order to give hedge-fund gurus a forum to share stock ideas in order to benefit the Ira Sohn Foundation, which funds research into pediatric cancer. In the video below, Motley Fool contributor John Reeves dives into some of the recommendations from last year, and tells investors how they performed. Show More Summary
By Dividendinvestr: By Serkan Unal Ira W. Sohn Investment Research Conference, an annual charitable event, was first organized in 1996, to commemorate Ira W. Sohn, a Wall Street trader who lost his life to cancer. What makes the investment...Show More Summary
By Vince Martin: The Ira Sohn Conference took place on Wednesday; the investment forum, which raises money to fight pediatric cancer, has become a widely covered, influential event in the financial world. This year, activist hedge fund manager Bill Ackman of Pershing Square Capital Management was one of the speakers. Show More Summary
On May 8th, a number of value investors such as billionaire David Einhorn of Greenlight Capital (see Einhorn’s stock picks from his most recent 13F filing) presented investment ideas at the Ira Sohn Conference. Einhorn’s comments at public presentations are watched closely; he has had some big hits (such as his short recommendation of Green [...]
While Paul Singer, Kyle Bass, and Stan Druckenmiller got the headlines, there were in total 14 worthwhile speakers at yesterday's Ira Sohn conference. Though many of the themes were unsurprising, it is nonetheless useful to compare your own views to those of these professional money managers who are now bludgeoned daily by the 'idiot-maker' rally... Show More Summary
The Ira Sohn conference invites a number of well-known investment managers to give public presentations of their favorite investing ideas. This year, billionaire Bill Ackman of Pershing Square- except for a brief reference to his last public presentation, when he recommended shorting Herbalife Ltd. (NYSE:HLF) – focused on the long case for The Procter & [...]
The shares of TW Telecom (NASDAQ:TWTC, news, filings) jumped unexpectedly yesterday just after lunch. It seems Corvex’s Keith Meister made comments at the Ira Sohn conference to the effect that tw telecom is a likely M&A target. This is not the first time this rumor has hit the mill, and it won’t be the last. [...]
David Einhorn and Jeff Gundlach closed off this year's Ira Sohn Conference, suggesting OIS to offload its accommodations unit and to short Chipotle, respectively.
Beware the illusion of yield, says Jonathon Jacobson, the founder of Highfields Capital Management, speaking at today’s Ira Sohn Conference. Said Jacobsen, “The problem is that all dividends are not created equal.” You want cash flow growth – examples he listed are Procter & Gamble (PG) and Coke (KO) – rather than companies that must go [...]
Short seller Jim Chanos, of Kynikos Associates in New York, just proposed a concise case for selling two big disk drive makers at today’s Ira Sohn Conference. Introduced by Barron’s Roundtable member and investor Meryl Whitmer, his thesis: “The Mobile Computing Revolution: Collateral Damage in Hard Disk Drives.” Chanos says the PC Sales have just [...]
Legendary short-seller, well known for his trades on Enron, spoke at the Ira Sohn Conference in New York on Wednesday, where told the audience about shorting Seagate and other hard drive makers as the death of the PC, in its early stages, will put pressure on margins.
A big hedge fund event, the Ira Sohn Investment Conference, is happening today. At the event, industry luminaries present their favorite investment ideas, and often deliver some kind of macro thesis. One big theme: Bernanke hate. A lot of the big guys HATE him. Show More Summary
Hedge fund billionaire Bill Ackman chose not to speak of J.C. Penney or Herbalife at the 2013 Ira Sohn Conference, yet shares in the latter had a wild ride as he delivered his speech.
By Emily Glazer The yellow pages business isn't dead yet. That's according to Kyle Bass, principal of Dallas-based hedge fund Hayman Capital Management L.P., who focused his presentation at the Ira Sohn conference Wednesday on directories business Dex Media Inc.
Today's star-studded Ira Sohn conference was led by two behemoths - Elliott's Paulk Singer and Hayman's Kyle Bass. We recently discussed in detail Paul Singer's perspective on the "most dangerous" investing environment but today he summarized and added to those comments at the Ira Sohn conference. Show More Summary