Value Investing Congress Update

I presented at the Value Investing Congress (VIC) in Pasadena on Tuesday together with many other eminent speakers like Howard Marks. It was a fantastic experience. The VIC attracted the highest quality of speakers and attendees. It was pleasure to present to a well informed audience. Kudos to Whitney Tilson and John Schwartz for organizing a high quality event!

I presented my framework for separating compounding machines from value traps. The key aspect of the framework is to identify weakness in corporate governance and capital allocation.

My presentation will be on the website of the VIC shortly. Registration will be required to view the material.