Friday, September 28, 2012

Value Investing Congress Ideas - Business Insider

Value Investing CongressThe highly-anticipated Value Investing Congress, a two-day event where top hedge fund stars present their best investment ideas, kicks off next Monday in Manhattan.?

Clusterstock will be there keeping you up to date with all the latest news and trade ideas coming from the conference. ?

In the meantime, let's review how the investing ideas presented last October did.

These ideas were shared on October 17 and October 18, 2011. ?For this report, we used data from Yahoo! Finance and tracked the stock's performance from the day the idea was announced through today. ?

In case you're not already familiar with investing terms, "long" means you're buying a stock because you think the value will go up. ?Shorting a stock is the opposite. ?It means you're selling borrowed?shares of stock with the expectation that it will fall.?

  • Bill Ackman (Long Fortune Brands Home Security):? FBHS is up more than 87 percent?from October 18, 2011 through today.
  • David Einhorn (Short Green Mountain Coffee Roasters):?GMCR is down more than 70 percent?from October 17, 2011 through today.
  • Leon Cooperman (Long Apple & long E*Trade Financial): ?Apple's stock is up more than 58 percent?from October 18, 2011 through today.?Meanwhile, E*Trade Financial is down more than 9 percent?from October 18, 2011 through today.
  • Scout Capital's Adam Weiss (Long Williams Co.): Williams Companies, Inc. (WMB) is up more than 16 percent from October 18, 2011 through today, according to Yahoo! Finance data.
  • Scout Capital's James Crichton (Long Sensata Technologies): ?Sensata Technologies (ST) is down about 1.6 percent from October 18, 2011 through today.?
  • Eagle Capital's Boykin Curry (Long?Aon and Goldman Sachs): ?Aon is up more than 13 percent since October 18, 2011. ?Meanwhile, Goldman Sachs is up more than 12 percent from October 18, 2011 through today.
  • Rational Investment Group's Guy Gottfried (Long Berkshire BRK): ?Berkshire (BRK.B) is up more than 17.6 percent from October 18, 2011 through today.?
  • Whitney Tilson & Glenn Tongue (Long Berkshire Hathaway (BRK.A.) & J.C. Penney): Berkshire Hathaway (BRK.A) is up more than 17.5 percent from October 18, 2011 through today. ?Meanwhile, JCPenney's stock is down 21.9 percent through today.

SEE ALSO: Leon Cooperman's tremendous presentation on life and investing >

Source: http://www.businessinsider.com/value-investing-congress-ideas-2012-9

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