20th Annual Sohn Investment Conference

Glean fresh, valuable insight from the savviest investors at the world’s premier investment forum. The 20th annual Sohn Investment Conference provides the opportunity to access the knowledge and experience of an unparalleled roster of speakers.

Avery Fisher Hall, Lincoln Center, New York City | May 4th, 2015

ABOUT THE CONFERENCE

Since 1996, the world-renowned Sohn Investment Conference has been the premier investment forum, bringing together the world’s savviest investors to share fresh insights and strategies in support of pediatric cancer research and treatment.

Wall Street’s best and brightest investors participate in this unique, “must attend” event to share their expertise with an audience of more than 3,000 people, comprised of portfolio managers, asset allocators and private investors. Most speakers manage large proprietary investment portfolios that have outperformed the market for many years and do not share their insights in any public forum, but they volunteer their time to the Conference for the benefit of the Foundation. All contributions support the Foundation’s mission to support pediatric research and care.

Produced By

Bloomberg Link

2014 Speakers

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William Ackman

William Ackman

WILLIAM ACKMAN is the CEO and Portfolio Manager of Pershing Square Capital Management, L.P., a SEC registered investment advisor founded in 2003. Pershing Square is a concentrated research-intensive fundamental value investor in long and occasionally short investments in the public markets. Prior to forming Pershing Square, Mr. Ackman co-founded Gotham Partners Management Co., LLC, an investment adviser that managed public and private equity hedge fund portfolios. Prior to Gotham Partners, Mr. Ackman began his career in real estate investment banking at Ackman Brothers & Singer, Inc. Mr. Ackman received an MBA from the Harvard Business School and a Bachelor of Arts magna cum laude from Harvard College. Mr. Ackman’s board memberships include Chairman of The Howard Hughes Corporation (NYSE: HHC), Canadian Pacific Railway Limited (NYSE: CP), the Board of Dean’s Advisors of the Harvard Business School, and a number of not-for-profit boards including the Pershing Square Foundation, a charitable foundation that he founded in December 2006.

Dan Ariely

Dan Ariely

DAN ARIELY is the James B. Duke Professor of Psychology & Behavioral Economics at Duke University. In addition to appointments at the Fuqua School of Business, the Center for Cognitive Neuroscience, the Department of Economics, and the School of Medicine at Duke University, Dan is also a founding member of the Center for Advanced Hindsight, and the author of the New York Times bestsellers Predictably Irrational, The Upside of Irrationality and his most recent book, The Honest Truth About Dishonesty. These books are Dan’s attempt to take his research findings and describe them in non academic terms so that more people will learn about this type of research, discover the excitement of behavioral economics, and possibly use some of the insights to enrich their own lives.

David Einhorn

David Einhorn

DAVID EINHORN is President of Greenlight Capital, Inc., which he co-founded in 1996. Greenlight Capital is a value-oriented investment advisor whose goal is to achieve high absolute rates of return while minimizing the risk of capital loss. Greenlight’s investment philosophy is to combine the analytical discipline of determining fair value with a practical understanding of markets. David is Chairman of the Board of Greenlight Capital Re, Ltd. and a Director of BioFuel Energy Corp. He is the author of “Fooling Some of the People All of the Time: A Long Short Story,” published in May 2008. David graduated with a B.A. summa cum laude from Cornell University.

Mariko Gordon

Mariko Gordon

MARIKO GORDON, CFA is the Founder, CEO and CIO of Daruma Capital Management, LLC. Ms. Gordon founded Daruma in 1995. Daruma has two investment teams — one that manages two long-only strategies (small-cap and and smid-cap) in New York and one that runs a long/short strategy in Connecticut. All three strategies manage concentrated portfolios. Ms. Gordon began her financial career in 1986 with Manning & Napier’s New York investment team. In 1990 she joined Valenzuela Capital Management as a partner and research director, investing in a similar, concentrated smid-cap approach. Ms. Gordon holds an A.B. in Comparative Literature from Princeton University and is a Chartered Financial Analyst.

James Grant

James Grant

JAMES GRANT is a financial journalist and historian and the founder and editor of Grant’s Interest Rate Observer, a twice-monthly journal of the investment markets. Among his books is the newly published Mr. Speaker! The Life and Times of Thomas B. Reed, the Man Who Broke the Filibuster (Simon & Schuster). He is, in addition, the author of five books on finance and financial history. His John Adams: Party of One, a biography of the second president of the United States, was published in 2005.

Mr. Grant’s television appearances include “60 Minutes,” “The Charlie Rose Show,” “CBS Evening News,” and a 10-year stint on “Wall Street Week”. His journalism has appeared in a variety of periodicals, including the Financial Times, The Wall Street Journal and Foreign Affairs, and he contributed an essay to the Sixth Edition of Graham and Dodd’s Security Analysis (McGraw-Hill, 2009).

Mr. Grant, a former Navy gunner’s mate, is a Phi Beta Kappa alumnus of Indiana University. He earned a master’s degree in international relations from Columbia University and began his career in journalism in 1972, at the Baltimore Sun. He joined the staff of Barron’s in 1975 where he originated the “Current Yield” column. He is a trustee of the New York Historical Society.

Jeffrey Gundlach

Jeffrey Gundlach

JEFFREY GUNDLACH is the Chief Executive Officer and Chief Investment Officer of DoubleLine. He was formerly associated with TCW where he was Chief Investment Officer and head of fixed income activities. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications including The New York Times, The Financial Times, The Wall Street Journal, USA Today, Barron’s, Forbes, and Fortune. In 2010, Mr. Gundlach was named to the SmartMoney Power 30. In 2011, he was featured as “The King of Bonds” in Barron’s, and named one of “5 Mutual Fund All-Stars” by Fortune Magazine. In 2012, he was named one of the “50 Most Influential” by Bloomberg Markets magazine. In 2013, he was named “Money Manager of the Year” by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.

Paul Tudor Jones II

Paul Tudor Jones II

PAUL TUDOR JONES II is founder, Co-Chairman, Chief Investment Officer and the controlling principal of Tudor Investment Corporation which he formed in 1980. Tudor is part of the Tudor Group, a group of affiliated companies engaged in trading in the fixed income, equity, currency and commodity markets. Tudor manages approximately $13.6 billion and has offices in the US, UK, Singapore and Australia. Paul is a portfolio manager focusing on discretionary macro trading and is a principal risk-taker for the firm’s flagship fund, The Tudor BVI Global Portfolio L.P., and the sole risk-taker for Tudor Futures Fund.

Paul Tudor Jones II served as Chairman of the New York Cotton Exchange (August 1992–June 1995) and was instrumental in the creation of its Financial Instrument Exchange (FINEX). His philanthropic service includes founder, former chair, and current board member of the Robin Hood Foundation; founder and former board member of the Excellence Charter School and founder of the Bedford Stuyvesant I Have A Dream program. Paul holds a B.A. in Economics from the University of Virginia (1976).

Philippe Laffont

Philippe Laffont

PHILIPPE LAFFONT is the founder and portfolio manager of Coatue Management, a global investment management firm with ca. $9 billion under management and offices in New York and Menlo Park, focused on the global technology, media, telecommunications and consumer industries. Coatue was chosen as the “Sector Fund of the Year” in 2007 and ”Specialist Fund of the Year” in 2011 by Absolute Return Magazine.

Mr. Laffont graduated from the Massachusetts Institute of Technology in 1991 with a B.S. and M.S.C. in Computer Science. He worked as an analyst in management consulting for McKinsey & Co. from 1992 to 1994 in Madrid, Spain. After working as an independent consultant for several years, Mr. Laffont joined Tiger Management LLC as a research analyst in 1996. He focused on telecommunications stocks while at Tiger until he left to found Coatue in 1999.

Mr. Laffont has served as a director of Hertz Holdings and Hertz since November 2013. Mr. Laffont is also currently a member of the Board of Trustees of the New York Presbyterian Hospital and the Advisory Board for the Robin Hood Prize.

Michael Novogratz

Michael Novogratz

MICHAEL NOVOGRATZ is a principal and member of the board of directors of Fortress Investment Group LLC and Co-Chief Investment Officer of the Fortress Macro Fund and the Drawbridge Global Macro Fund. Mr. Novogratz joined Fortress in 2002 after spending 11 years at Goldman Sachs, where he was elected partner in 1998. Mr. Novogratz serves as a member of the New York Federal Reserve’s Investment Advisory Committee on Financial Markets. Mr. Novogratz founded and serves as Chairman of the Board for Beat the Streets, a nonprofit organization which builds wrestling programs in New York City Public Schools and is also the Honorary Chairman of USA Wrestling Foundation. Mr. Novogratz is Chairman of The Friends of the Hudson River Park. He also serves on the Board of the Acumen Fund, NYU Langone Medical Center, Princeton Varsity Club, and the Jazz Foundation of America. Mr. Novogratz received an AB from Princeton University in Economics, and served as a helicopter pilot in the US Army.

Larry Robbins

Larry Robbins

LARRY ROBBINS is the Founder, Portfolio Manager and CEO of Glenview Capital Management, a $7.5B hedge fund in its 14th year of operation. Glenview is focused on delivering attractive absolute returns through an intense focus on deep fundamental research and individual security selection. Headquartered in New York City, Glenview has 73 employees, including 34 investment professionals. Prior to founding Glenview, Larry spent six years as an analyst and partner at Omega Advisors on their US equity long/short team. He joined Omega after three years at Gleacher & Company, a merger and advisory boutique in New York.

Larry graduated with honors from the Wharton School and Moore School of the University of Pennsylvania in 1992, where he received his Bachelors of Science in Economics and Engineering, with majors in accounting, finance, marketing, and systems engineering. Larry became a Certified Public Accountant in 1991 in his then home state of Illinois.

Larry serves as Chairman of the Board for both KIPP New York and Relay Graduate School of Education, he is a board member and chair the Education Committee of the Robin Hood Foundation and is a member of the board of Teach For America (New York). In addition, Larry is the Senior Chair of the Wall Street Division of the UJA-Federation.

Zach Schreiber

Zach Schreiber

ZACH SCHREIBER is a founding partner, portfolio manager and the Chairman, Chief Executive Officer and Chief Investment Officer of PointState Capital LP, an investment management firm founded in January 2011 by a team of investment professionals that had previously worked together at Duquesne Capital Management L.L.C. Prior to PointState, Zach was a managing director and portfolio manager at Duquesne Capital, from 2002 through year-end-2010, where he managed a portfolio of investments in energy, power, utilities and related commodities. Prior to Duquesne, Zach worked for the Bass Brothers investment operation from 1996 through 2002. Zach graduated from Brown University in 1995 with a degree in International Relations. Zach serves on the Board of Directors of the Washington Institute for Near East Policy and is a Trustee of the Harlem Children’s Zone.

Chris Shumway

Chris Shumway

CHRIS SHUMWAY is the Founder and Managing Partner of Shumway Capital, a private investment firm focused on private investments, public investments, seed investments and strategic/venture capital. Shumway Capital managed external funds from 2002-2011 and was recognized as a top 10 performing manager by Barron’s Magazine. In 2011, the firm returned outside capital to concentrate on a long-term investment strategy for the firm’s Partners. Prior to founding Shumway Capital, Mr. Shumway was a Senior Managing Director and Management Committee member at Tiger Management. He received an M.B.A. From Harvard Business School and a B.S. From the McIntire School of Commerce at the University of Virginia. Mr. Shumway is a member of the boards of the University of Virginia McIntire School of Commerce Foundation, ConnCan and the Shumway Foundation. He also serves as a visiting professor at the University of Virginia, teaching global investing.

2014 Sohn Conference Downloads

William Ackman, CEO – Pershing Square Capital Management, L.P.

David Einhorn, President – Greenlight Capital, Inc.

Mariko Gordon, CEO and CIO – Daruma Capital Management, LLC

Michael Guichon, Sohn Idea Contest Winner

Larry Robbins, CEO – Glenview Capital Management

Elana Simon, Cancer Survivor and Researcher

conference at-a-glance

9:30 AM
Next Wave Sohn: Emerging
Hedge Fund Managers
registration begins
at 8:45 AM
David Rubenstein Atrium
12:00 PM
Sohn Conference
registration begins
at 11:00 AM
Avery Fisher Hall
5:30 PM
Reception
 
Avery Fisher Hall

Videos

2014 Sohn Supporters

Special Thanks To The Following Supporters:

36ONE Asset Management
683 Capital Management, LLC
Nicole and Raana Agus
The Jeffrey A. Altman Foundation
America Capital, L.P.
Anandar Capital
Mary Anne and Michael Anastasio
Holly Andersen and Douglas Hirsch
Anonymous
Appaloosa Management L.P.
Armistice Capital
Ascend Capital
Jonathan Auerbach
Balyasny Asset Management L.P.
BDO USA, LLP
Michael van Biema
Bingham McCutchen LLP
Blue Ridge Capital
Scott Bommer
Brahman Management, LLC
Jill Braufman and Dan Nir
Brown Brothers Harriman
BTIG LLC
James Cacioppo
Cantor Fitzgerald
Citi
Coatue Management
Columbus Hill Capital Management, L.P.
Compass Point Research & Trading, LLC
COMPOUND Capital Management
Conatus Capital Management LP
Isaac Corre
Corsair Capital Management, LP
Corvex
Curtis Schenker & Craig Effron
Sean Dany
Daruma Capital Management, LLC
Ethan Devine
Graham Duncan
East Rock Capital Glenview Capital Management GLG
David Eigen
Eiq Family Foundation
Brian Eizenstat
Eminence Capital, LLC
Eton Park Capital Management
Falcon Edge Capital, LP
Fortress Investment Group
Marc F. Friedman
FrontFour Capital
Fubon Life Insurance Co., Ltd.
Juius Gaudio
Global Infrastructure Partners
GoldenTree Asset Management, LP
Andrew Goldman
Brian Goldman
Gotham Asset Management, LLC
Granite Associates
James Grant
Greenlight Capital
Katherine and Ned Grier
Martin Gruss
Ashish Gupta
Steve Hays
Jonathan Heller Howard & Sandra Hoffen
Henry Swieca Charitable Lead Trust
Min Htoo
Kathleen Walsh Husman Foundation
Impala Asset Management
Indus Capital Partners, LLC
Ionic Capital Management
JANA Partners
Jesse Jantzen
Maria Jelescu and Daniel Dreyfus
Joele Frank | Wilkinson | Brimmer | Katcher
Kase Capital
Anna Maria and Stephen Kellen Foundation
KG Funds Management
Kohn-Claar Family Foundation
Kolatch Family Foundation
Kovler Family Foundation
Lakewood Capital Management, LP
Mitchell Lester
Locust Wood Capital Advisers, LLC
Joseph Lomangino
Long Pond Capital, LP
Longview Asset Management
Kuldeep Malkani
Morris Mark
Mason Capital Management LLC
MDC Partners
Morgan Stanley
Muddy Waters Research
National Christian Foundation North Texas
Craig Nerenberg
Neuberger Berman
Michael Novogratz
Jack Nuismer
Michael Olshan
Para Advisors LLC
Pershing Square Capital Management, L.P.
Pictet Overseas Inc
PointState Capital LP
Derrick Queen
RBC Capital Markets LLC
Richard Richman
Robbins Family Foundation
Robins, Kaplan, Miller & Ciresi L.L.P.
Michael Rosenthal
Royal Capital Management, LLC S
Ruane, Cunniff & Goldfarb Inc.
Saba Capital
Schwab Charitable Fund
Shoshana and Jonathan Schwartz
Scoggin Capital
Scopia Capital
Scopia Capital Management LLC
Paul E. Singer
Societe Generale
Miriam & David Z. Solomon
Soros Fund Mgmt
Spectrum Group Management
State Path Capital
Stifel Financial
Stifel Nicolaus
Suvretta Capital Management
Taconic Capital Advisors LP
Telligent Capital
The Price Family Foundation
The Shumway Foundation
Third Point, LLC
Titan Advisors, LLC
Tourbillon Capital Partners, L.P.
TRB Advisors LP
Tudor Investment Corporation
Tweedy Browne Company LLC
Tyrian Investments, LP
UBS
Valsef Capital
Value Finance S.A.
Charles Winnick
Meryl and Charles Witmer Charitable Foundation

A Sampling of Our Previous Speakers

Information

Location

Avery Fisher Hall, Lincoln Center
132 W. 65th Street (on the corner of Columbus Avenue)
New York, NY 10023 new.lincolncenter.org/

Monday, May 5, 2014

Next Wave Sohn
Registration: 8:45 AM
Program Begins: 9:30 AM
Program Ends: 11:15 AM

Main Sohn Conference
Registration: 11:00 AM
Conference 12:00 PM – 5:30 PM
Reception to Follow