11.09.2011

List of Pitches from Invest for Kids

Today, Distressed Debt Investing was in attendance at Invest for Kids Chicago, where top money managers pitched ideas to an audience of approximately 800 in attendance. While we are still in the process of cleaning up our notes (Edit: Notes have been posted here: Invest for Kids Notes), here is the list of stock picks from the conference:

  • Leon Cooperman of Omega Advisors: Pitched KFN, ETFC, and CHRS as his top ideas, but also mentioned Apple, BSX, SLM, Energy XXI
  • Michael Elrad of GEM Realty Capital: Pitched MAC
  • John Keeley of Keeley Asset Management: Pitched ITT and a basket of S&Ls: CFFN, ORIT, VPFG, RCKB, TBNK
  • Marc Lasry of Avenue Capital: Pitched GM as well as HOV bonds at 35
  • Michael Milken from the Milken Institute: No specific tickers but pushed emerging markets as where to be (invest where middle class is growing)
  • Richary Perry of Perry Partners: Pitched GSE Jr. Preferred Securities and RBS Tier 1 securities
  • Barry Rosenstein from Jana Partners: Pitched McGraw Hill
  • Thomas Russo of Gardner Russo & Gardner: Focus on companies with emerging market value growth plays like Nestle, Pernod Ricard, SAB Miller
  • Berry Sternlicht of Starwood Capital Group: LOW was his top idea then TOL and NVR (home builders in general)
  • Sam Zell of Equity Group Investments: Again no picks from the grave dancer, but talked about companies that cater to the Brazilian middle class
We should have our full notes up by the end of the week. Stay tuned.

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I have spent the majority of my career as a value investor. For the past 8 years, I have worked on the buy side as a distressed debt and high yield investor.