Agenda

*Please see below for a complete list of speakers and panelists*

Thursday, November 6, 2008 "An Invaluable Evening" @ The Paramount Theater

Time Event
3:00pm – 5:00pm Registration:

Please register and pick up your conference folder at The Paramount Theater

5:00pm – 6:30pm Welcome:
  • Robert Bruner; Dean of the University of Virginia's Darden School of Business
  • Carl Zeithaml - Dean of the McIntire School of Commerce at the University of Virginia

Moderator:

  • Ken Eades - Professor of Business Administration; Area Coordinator, Finance

Panel: "Developments in the Investments Industry"

Panelists to discuss the current financial crisis, its implications for investors, for value investing, and for the future of the hedge fund industry.

  • Chris Brightman - Chief Executive Officer; UVIMCO
  • Rich Evans - Assistant Professor of Business Administration
  • John Griffin - Founder and President; Blue Ridge Capital
  • John Macfarlane - Chief Operating Officer; Tudor Investment Corporation
  • Dick Mayo - Chairman; Mayo Capital Partners
  • Ken Shubin Stein - Founder; Spencer Capital
6:30pm – 6:45pm Award Presentation: Navigator of the Year Award

Presented by:

  • Ron Fairchild - Executive Director; Prince Henry Foundation
  • Matthew Boulay - Chairman; Prince Henry Foundation
6:45pm - 7:15pm Presentation: "The Psychology of Human Misjudgment and Our Best Idea" by Ken Shubin Stein
7:15pm - 8:00pm Cocktail Party - Heavy appetizers and refreshments will be served
8:00pm - 8:15pm Keynote Speaker Introduction - John Macfarlane
8:15pm – 9:00pm Keynote Speaker: Alice Schroeder, author of The Snowball: Warren Buffett and the Business of Life, followed by a Q & A.

Friday, November 7, 2008 "Day of Investment" @ Darden Graduate School of Business

Time Event
10:00am – 11:45am

 

Registration

Please register on Friday if you did not on Thursday

11:45am – 1:25pm Welcome and Lunch

"How To Get Fired As A Pension Fund Manager: Value in Unusual Places"

Prominent money managers discuss where they find value and why these underexplored areas are often less popular with institutional investors.

Moderator: Dan Anglin - Principal; The Prince Henry Group

  • Julian Allen - Founder; Spitfire Capital
  • Eric Conner - Chief Executive Officer; TriPro Management
  • Aaron Edelheit - Portfolio Manager; Sabre Value Management
  • Victor Fasciani - Senior Analyst; Sellers Capital & Praetorian Value Fund
  • Josh Tarasoff - Founder and Managing Partner; Greenlea Lane Capital
1:30pm – 2:15pm John Griffin - Founder and President; Blue Ridge Capital
2:15pm - 3:00pm "A Casual Talk with Two Guys from Richmond"

The interplay and overlap between the worlds of investing in business and managing businesses from the perspective of two areas that have demonstrated first tier long-term results in both areas.  

  • Tom Gayner - Executive Vice President and Chief Investment Officer; Markel Corporation
  • Kian Ghazi - Portfolio Manager and Co Founder; Hawkshaw Capital Management
  • Steve Markel - Vice Chairman; Markel Corporation
3:00pm - 4:30pm "A Funnel of International Value"

From the global mega cap companies to the regional mid cap companies to the national smaller cap companies these global investors take you on an international quest for value.

Moderator: David C. Smith - Associate Professor; Director of the McIntire Center for Financial Innovation; McIntire School of Commerce

  • Francisco Carrillo - Co Founder; Sabino Capital Management
  • Alejandro Legorreta - Co Founder; Sabino Capital Management
  • Thomas Russo - Partner; Gardner, Russo, Gardner
  • Guy Spier - Founder; Aquamarine Capital Management (Check out Guy's article in TIME; My $650,100 Lunch with Warren Buffett)
4:30pm - 5:00pm BREAK
5:00pm – 6:15pm "Hidden Values"

From a macro and micro perspective three industry leaders examine how to capitalize on variant perceptions via portfolio bets.

Moderator: Susan Chaplinsky - Tipton R. Snavely Professor of Business Administration and Associate Dean for Faculty Scholarship at the Darden Graduate School of Business
 

  • Kian Ghazi - Portfolio Manager, Co Founder; Hawkshaw Capital Management
  • Tom Inglesby - Senior Managing Director and Co Head of the Corporate Credit Corp.
  • Lyle Minton - Founding Partner; Point Clear Capital Management
  • Nick Sargen - Chief Investment Officer; Fort Washington Investments
6:15pm - 7:00pm "Groundhog Day Plus 1"

The subprime crisis has occurred, what's next and how that impacts a value portfolio.

  • Whitney Tilson - Founder and Managing Partner; T2 Partners
7:00pm – 8:00pm Cocktail Reception
8:00pm – 10:00pm Dinner and Presentation (limited space available)

"Does the Implosion of the Shadow Banking System Give Classic investing a Second Wind?"

  • Don Wilkinson - Chairman and Chief Investment Officer; Wilkinson O'Grady

 

Keynote Speakers and/or Panelists

Name

Position

Company

Julian Allen Founder & Managing Member Spitfire Capital
Christopher Brightman Chief Executive Officer University of Virginia Investment Management Company
Frank Byrd Portfolio Manager & Co Founder Hawkshaw Capital Management
Francisco Carrillo Co Founder Sabino Capital Management
Eric Conner Co-Founder TriPro Management
Aaron Edelheit Portfolio Manager Sabre Value Management
Victor Fasciani Senior Analyst Sellers Capital & Praetorian Value Fund
Tom Gayner Executive Vice President & Chief Investment Officer Markel Corporation
Kian Ghazi Portfolio Manager & Co Founder Hawkshaw Capital Management
John Griffin Founder & President Blue Ridge Capital
Tom Inglesby Senior Managing Director & Co Head of the Corporate Credit Group GSC Group
Alejandro Legorreta Co Founder Sabino Capital Management
Steven A. Markel Vice Chairman Markel Corporation
John G. Macfarlane Chief Operating Officer Tudor Investments
Dick Mayo Chairman Mayo Capital Partners
Lyle Minton Founding Partner Point Clear Capital Management
Thomas A. Russo Partner Gardner Russo Gardner
Nicolas P. Sargen Chief Investment Officer Fort Washington Investments
Alice Schroeder Author The Snowball
Kenneth H. Shubin Stein Founder Spencer Capital
Guy Spier Founder Aquamarine Capital Management
Josh Tarasoff Founder & Managing Partner Greenlea Lane Capital
Whitney Tilson Founder & Managing Partner T2 Partners, LLC
Donald M. Wilkinson Chairman & Chief Investment Officer Wilkinson O’Grady

Participating Organizations:
Darden Capital Management (DCM) is a student-run organization with the purpose of preparing its membership for careers in investment management and research as well as other functions within the financial markets. DCM collectively manages roughly $5,000,000 in assets across four distinct funds, making it one of the largest programs of its kind. The Cavalier, Darden, Jefferson, and Monticello Funds are managed independently and provide the opportunity for Darden students to develop skills in investment analysis and portfolio management.
Darden Capital Management (DCM)

The McIntire Investment Institute (MII) is an entirely student-run long-short equity fund investing in domestic and international equities. With a portfolio valued at approximately $500,000, the MII uses its core investing philosophy of value-added research to achieve significant growth of its assets. By concentrating on enhancing company research through value added research, students focus on achieving an edge in their investment theses to exceed market expectations.
The McIntire Investment Institute (MII)