London Value Investor Conference - great event with some cracking stock picks
Leading lights of the investment management world gathered at the QEII Conference Centre in London last week for the London Value Investor Conference. For both institutional and private investors wanting to learn a thing or two from truly excellent investment managers, many of whom have delivered outstanding returns over a long period, this is a really good event.
This year’s Conference included the highly regarded Howard Marks and Jean-Marie Eveillard, both of whom have successfully navigated numerous market crashes, and the colourful (at least in terms of shirt selection) James Montier.
Our latest Blog below offers highlights from the show, including some cracking stock picks and investment ideas from the investment greats!
There was a terrific turnout for the event with about 500, mostly institutional, investors eager to hear what the doyens of the value investment community had to say. Value Investing is defined as “The strategy of selecting stocks that trade for less than their intrinsic values.” With value investors actively seeking stocks of companies that they believe the market has undervalued, being typically those stocks with lower-than-average price-to-book or price-to-earnings ratios and/or high dividend yields. However, conference moderator David Shapiro pointed out that, back in 1992, Warren Buffet suggested that the two approaches of Value and Growth are “joined at…