Value Dope

@VIC: Top Hedge Fund Picks

sclarksons - before you get on your knees for Ackman, you should realize the guy's previous hedge fund Gotham Partners liquidated. Course, you value guys will take any non-value fund to the woodshed if it liquidates but ignore it with your own.

Ackman's investors in his TGT fund have lost their asses too.

BRK will be destroyed when WEB kicks it. I know we allthink Ajit will do fine and whoever the Chief Inv Officer will be fine but I'd be WEB accounts for 50% BRK value, so let's see how others do operating a monster like BRK w/o WEB's genius.

@VIC: Top Hedge Fund Picks

It's because there's a bubble in value investing and has been for a few years and guys like Tilson know how to rope a dope. Can't make money running money so put some newsletters and conferences together and have these "trade shows" where for only $5k you too can meet your idol of choice and get them to autograph your HP 12-C!

Let's not forget the original ideas presented too. You either get moldy ideas that go nowhere like BRK or some idea the presenter doesn't know well and lose your shirt like Pzena, Pabrai, or Tom Brown.