It’s not an ETF story, but with the Dow Jones industrial average near its high for the year so far, many investors may wonder whether all of the stock market’s deals are gone. To find the answer, 600 investors went to the 6th Annual Value Investing Congress in New York City to hear some of the nation’s top value investors.
Over the two-day conference, well-known hedge-fund managers, such as William Ackman and David Einhorn presented some of their best investing ideas.
The top five managers were David Einhorn, founder and president of Greenlight Capital, a hedge fund based in New York City; William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, in New York City; Lee Ainslie, managing partner of Maverick Capital Management, a hedge fund in New York City; Alexander Roepers, president of Atlantic Investment Management, a New York City-based hedge fund he founded in 1988; and Michael Lewitt, co-founder and investment strategist at Harch Capital Management, in Boca Raton, Fla.
Originally published in Kiplinger’s Personal Finance. For the full story and the picks go to Kiplinger’s.