Date: Thursday and Friday, May 3 - 4, 2012
Location: University
of Nebraska at Omaha, College of Business, Mammel Hall
See you in Omaha for 2013!
• Sokol's Gone...Move On
• How Serious Is the
Succession Issue
at Berkshire?
• Weighing Berkshire's Acquisition Prospects
Video Testimonial from 2010 Participants

Welcome to the official information and registration site for the 2012 Value Investor Conference and Events held at the University of Nebraska - Omaha, College of Business, Mammel Hall.
- Meet investors from around the world.
- Learn about the unique processes used by successful value investors.
- Receive alternative perspectives from successful money managers, proven investment professionals, private investors, best selling authors, business managers, and journalists.
- Network with other experienced and savvy value oriented investors.
- Limited registration means a more intimate atmosphere, greater access to presenters and more productive networking opportunities.
The Value Investor Conference is pleased to offer an exceptional, dynamic panel of speakers whose presentations are bound to inspire and capture your highest level of interest in value investing and management strategies.
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9th
Annual Value Investor Conference 2012 - Omaha
Thursday, May 3, 2012 (4 p.m. - 6 p.m.)
Friday, May 4, 2012 (8 a.m. - 5 p.m.)
University of Nebraska at Omaha Mammel Hall Auditorium (67th St.
and Pine)
www.valueinvestorconference.com
- Jeff Auxier, Founder, Portfolio Manager, Auxier Focus Fund "Value of Cumulative Research (Over Time)"
- Brian Bares, Founder, Portfolio Manager, Bares Capital Management, “The Small Cap Advantage”
- Aswath Damodaran, Author, NYU professor, “Where is the ‘Value’ in Value Investing?”
- Pat Dorsey, Vice Chairman, Director of Research, Sanibel Captiva Trust, "Management and the Moat: How Strategy Creates and Destroys Competitive Advantages"
- Robert Hagstrom, Author, Portfolio Manager, Legg Mason, "Investing: The Last Liberal Art"
- Cara Denver Jacobsen, Portfolio Manager, Nierenberg, The D3 Family Funds
- Paul Larson, Editor, Morningstar StockInvestor,"Economic Moats: Sources and Outcomes"
- Francisco Garcia Paramés, Managing Director, Bestinver Asset Management [Spain],"Two Decades of Finding European Value"
- Lisa O'Dell Rapuano, Founder, Portfolio Manager, Lane Five Capital, “Value Investing With a Contrarian Bent”
- Seng Hock Tan, CEO, Aegis Portfolio Mgrs. [Asia] Topic: "Value Investing in Asia"
- Jeff Stacey, Founder, Portfolio Manager, Stacey Muirhead Capital [Canada] “Global Value Investing”
- Lauren Templeton, Author, Founder, Portfolio Manager, Lauren Templeton Capital, “John Templeton Legendary Value Investor’s Market-Beating Strategies”
Register online today for the 2013 Conference, you will enjoy a $500
Registration Savings
on your Value Investor Conference registration fee.
OR register
today and save $2,050 on our new Genius of Warren Buffett Course,
Value Investor Conference and CFA/VIC Dinner.
Be sure to take full advantage of this unique opportunity to interact
with these knowledgeable speakers in a retreat-like setting.
Click
here to register now for these outstanding events in 2013!
Date: Thursday - Friday, May 3 and 4, 2012
Location: University of Nebraska at Omaha, College of Business, Mammel Hall
Address: 6708 Pine Street, Omaha, NE 68106 Map and Directions
Monday - Wednesday, April 30, 2012 - May 2, 2012
University of Nebraska at Omaha, Mammel Hall (67th St. and Pine)
One of a kind concentrated
study of The Genius of Warren Buffett: The Science of Investing and
the Art of Managing presented by Robert Miles. (12) two hour sessions
over three consecutive days conveniently scheduled for conference
attendees and Berkshire shareholders. Learn the Oracle of Omaha’s
educational timeline, investment principles, management philosophies,
corporate governance, succession plan, mistakes, philanthropy and
more.
More information and registration: http://cba.unomaha.edu/execmgmt/buffettgenius/
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9th Annual Value Investor
Conference Agenda – May 3 and 4, 2012
University of Nebraska at Omaha (UNO)
College of Business, Mammel Hall Auditorium
67th Street and Pine
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Thursday, May 2, 2012
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3:00
p.m. – 4:00 p.m.
REGISTRATION
Mammel
Hall Atrium
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3:00
p.m. – 6:15 p.m.
Conference Bookstore Open
Sponsored
by Hudson Booksellers and John Wiley and Sons Publishers
Mammel
Hall Atrium
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4:00
p.m. - 4:30 p.m.
Robert Miles
Author, UNO Distinguished Lecturer and Conference Organizer
Topic: Welcome and Introductions
Mammel Hall Auditorium
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4:30 p.m. – 5:10 p.m.
Paul Larson
Chief Equities Strategist and Editor, Morningstar Stock Investor
Topic: “Economic Moats: Sources and
Outcomes”
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5:10
p.m. – 6:00 p.m.
Robert Hagstrom
Author, CFA, Portfolio Manager, Legg Mason
Topic: “Investing: The Last Liberal Art”
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6:15 p.m. - 8:30 p.m.
CFA Society of Nebraska/Value Investor Conference Dinner 2012
Reception Sponsored by Morningstar
Note Location Change: Omaha Marriott (10220
Regency Circle)|
Separate Registration
Required
Keynote Speaker:Tom Russo
Topic: “Global
Value Investing”
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Friday, May 4, 2012
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7:30
a.m. - 8:00 a.m.
Continental Breakfast and Coffee Breaks
Sponsored
by SAP (The Best-Run Businesses Run SAP)
Mammel
Hall Atrium
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7:30
a.m. – 8:00 p.m.
Conference Bookstore Open
Sponsored
by Hudson Booksellers and John Wiley & Sons Publishers
Mammel
Hall Atrium
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8:00
a.m. - 8:40 a.m.
Francisco Garcia Paramés
Managing Director, Bestinver Asset Management [Spain]
Topic: "Two Decades of Finding European
Value"
Mammel Hall Auditorium
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8:40
a.m. - 9:20 a.m.
Lisa O'Dell Rapuano
CFA, Founder, Portfolio Manager, Lane Five Capital
Topic: “Value Investing With a
Contrarian Bent”
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9:20
a.m. - 9:35 a.m.
BREAK
Mammel
Hall Atrium
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9:35
a.m. – 10:15 a.m.
Seng Hock Tan
Founder, CEO, Aegis Portfolio Mgrs [Asia]
Topic: "Value Investing in Asia"
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10:15
a.m. - 10:55 a.m.
Jeff Stacey
Founder, Portfolio Manager, Stacey Muirhead Capital [Canada]
Topic: “Global Value Investing”
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10:55
a.m. - 11:10 a.m.
BREAK
Mammel
Hall Atrium
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11:10
a.m. - 11:50 a.m.
Aswath Damodaran
Professor of Finance, Stern School of Business, New York University
Topic: “Where is the ‘Value’
in Value Investing?”
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11:50
a.m. - 1:15 p.m.
LUNCH
Sponsored by Morningstar
Mammel
Hall Atrium
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11:50
a.m. - 1:15 p.m.
University of Nebraska at Omaha (UNO), College of
Business
INVESTMENT LAB TOUR
Professor David Volkman, UNO
Chair of Finance, Banking and Law
Mammel
Hall Atrium
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1:15 p.m. - 1:55 p.m.
Lauren Templeton
Author, Founder, Portfolio
Manager, Lauren Templeton Capital
Topic: “John Templeton Legendary Value Investor’s Market-Beating Strategies”
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1:55
p.m. - 2:35 p.m.
Jeff Auxier
Founder, Portfolio Manager, Auxier Focus Fund
Topic: "Value of Cumulative Research
(Over Time)"
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2:35
p.m. – 2:50 p.m.
BREAK
Mammel
Hall Atrium
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2:50
p.m. - 3:30 p.m.
Brian Bares
Author, Founder, Portfolio Manager, Bares Capital Management
Topic: “The Small Cap Advantage”
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3:30
p.m. - 4:10 p.m.
Cara Denver Jacobsen
Portfolio Manager, Nierenberg, The D3 Family Funds
Topic: "10 Years in Micro-cap Land"
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4:10 p.m. – 4:25 p.m.
SEES CHOCOLATE BREAK
Mammel
Hall Atrium
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4:25
p.m. – 5:15 p.m.
Pat Dorsey
Author, Vice Chairman, Director of Research,
Sanibel Captiva Trust
Topic: "Management and the Moat:
How Strategy Creates and
Destroys Competitive Advantages"
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6:00 p.m. - 8:00 p.m.
DISTINGUISHED AUTHOR RECEPTION
FREE DQ Dilly Bars Sponsored by John Wiley and Sons, Publishers
Meet
bestselling and newly published authors – Confirmed Authors
Reception
Sponsored by The Omaha Reader
Mammel
Hall Atrium
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6:00
p.m. - 8:00 p.m.
University of Nebraska at Omaha (UNO), College of
Business
UNO INVESTMENT LAB TOUR
Professor David Volkman, UNO
Chair of Finance, Banking and Law
Mammel
Hall Atrium
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6:30 p.m. - 7:30 p.m.
FREE LECTURE
"The Secret
Billionaires Club: Why Study Warren Buffett"
Presented by Robert P. Miles, Author, UNO Distinguished Lecturer
Sponsored
by University of Nebraska
at Omaha College of Business
and Executive MBA Program
Limited Seating. RSVP
Required to: dkellogg@unomaha.edu
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CFA Society of Nebraska/Value Investor Conference Dinner 2012
Thursday, May 3, 2012
6:15 p.m. - 8:30 p.m.
Location: Omaha
Marriott (10220 Recency Circle near Borsheims)
Keynote Presenter: Tom Russo, Partner,
Gardner Russo & Gardner
Topic: "Global Value Equity Investing"
Registration Fee: $50 for CFA members and VIC attendees ($65 non-members)
Register Now!
http://www.valueinvestorconference.com/register.html#dinner
Friday, May 4, 2012
6 p.m. - 8 p.m.
University of Nebraska at Omaha Mammel Hall Atrium (67th St. and Pine)
Meet and greet authors of books related to Warren Buffett, Berkshire
Hathaway, investing and management.
Books available for purchase @ 20% off from Hudson Booksellers.
Free Dairy Queen Dilly Bars for all attendees
compliments of John
Wiley and Sons Publishers.
(One DQ Dilly Bar per person while supplies
last!)
Note: Free parking in Mammel Hall lot. Ignore
‘Student Permit Only’ parking during event hours.
Confirmed Authors:
- Glen Arnold, The Financial Times Guide to Value Investing (FT Press)
- Brian Bares, The Small Cap Advantage (Wiley)
- Peter Bevelin, Seeking Wisdom, From Darwin to Munger (PCA Pub)
- Adam Brownlee, Building a Small Business that Warren Buffett Would Love (Wiley)
- Joseph Calandro, Applied Value Investing (McGraw-Hill)
- Sham Gad, The Business of Value Investing
- Patrick Dorsey, The Little Book That Builds Wealth (Wiley)
- Robert Hagstrom, Warren Buffett Way; Warren Buffett Portfolio; Essential Buffett (Wiley)
- Karen Linder, The Women of Berkshire Hathaway (Wiley)
- Louann Lofton, Warren Buffett Invests Like a Girl (Harper Collins)
- Janet Lowe, Warren Buffett Speaks (Wiley) The Triumph of Value Investing (Penguin)
- Roger Lowenstein, The End of Wall Street (Penguin)
- Jeff Matthews, Business and Investing Secrets of Warren Buffett (eBooks)
- Robert P. Miles, The World's Greatest Investment; Warren Buffett CEO; Warren Buffett Wealth (Wiley)
- Scott Phillips, Buying at the Maximum Point of Pessimism (Pearson)
- John Price, The Conscious Investor (Wiley)
- Jeeva Ramaswamy, Creating a Portfolio Like Warren Buffett, (Wiley)
- Michael Shearn, The Investment Checklist (Wiley)
- Lauren Templeton, Investing the Templeton Way (McGraw-Hill)
- and more ...
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2012 Lecture - FREE Event
Friday, May 4, 2012
6:30 pm - 7:30 pm
University of Nebraska at Omaha Mammel Hall Auditorium (67th St and
Pine)
Audit the first of twelve sessions of the popular UNO EMBA Genius
of Warren Buffett Course. Compliments of UNO College of Business Administration,
Executive MBA Program, and Department of Finance
RSVP required - please email Debbie
Kellogg at UNO - College of Business
with your RSVP. dkellogg@unomaha.edu![]()
Limited seating - Reservations Required
Click here to read more about this evocative Free Lecture!
Or Read this article by Robert P. Miles,
"The Secret Billionaires' Club: Why Study Warren Buffett?"
Presenters include:
Warren Buffett CEOs, Publicly Traded Company Founders and CEOs, Best
Selling Authors, and World Renown Professional Money Managers.
Travel Note: Conference is scheduled before
Warren Buffett's Berkshire Hathaway annual meeting in Omaha. Conference
begins on Thursday, May 3, 2012 at 4 p.m.
and concludes on Friday, May 4, 2012 at 5:00 p.m.
Register today and join attendees from all 6 continents. Limited seating.
Register today and enjoy a $500 discount. Click here to Register
Please join us again next year on May 2 and 3, 2013 for the 10th Annual Value Investor Conference. Same great location, and get more CEOs, best selling authors and outstanding investment speakers!
And in 2014, 11th Annual Value Investor Conference will be held on May 1 -2, 2014 at the world's best location with plenty more top international speakers, CEO's, best selling authors
and additional value investing related events.
Where Warren Buffett CEOs and world class presenters meet independent, intelligent and value minded investors just before the Berkshire Hathaway annual meeting
"It is a sacred trust and honor to have a platform for communicating
principles which I have been fortunate enough to have received over
my career from those whose leads I follow. To do such in a non promotional
and thoughtful setting is double the pleasure."
Tom Russo
Principal and Portfolio Manager, Gardner Russo Gardner
“The Value Investor Conference was like a great movie; the next day you can’t get it out of your mind and your appreciation for it continually grows."
Michael O'Mara
Buffalo, NY
Note: The value investing conference is scheduled so that attendees
can attend all the official events related to the Berkshire Hathaway
Annual Meeting
(which is usually on the first Saturday of May in Omaha, NE)
"I have to tell you I’ve been to many similar investor conferences over the years but I’ve never gotten so much valuable information as I did at the Value Investor Conference. The Berkshire week is valuable not necessarily for the new information you learn but rather for its affirmation of your beliefs and reminder of your responsibilities as a steward of our clients’ capital. This conference certainly enhanced the experience."
Brian Massey, CFA
MarVista Investment Partners, Los Angeles
“Having attended your conference, I wish two things: that I had participated the last 5 years and that I had not scheduled meetings on the third day. Next year, I am planning to be there for the whole thing."
Guy SpierAquamarine Fund
"This conference provides many lessons that can't always
be taught in a classroom. Experience creates wisdom, and it was an
honor to hear each presenter share their experiences."
Molly Pacer
Creighton University
MBA Student
"...an outstanding conference. We are already looking forward
to attending next year; the dates are marked on our calendars."
Mark Moffat,
San Diego, California
"The conference was superb and really looking forward to making it an annual event. Well done on placing it just before the Berkshire annual meeting in Omaha. Will make a note of next year's dates."
Alec Hogg
MoneyWeb, South Africa
"Fantastic composition of speakers that ranged across the spectrum. Loved the high 'touch' of Buffett presenters."
Akshay Mansukhani
Transcript Available
Click to download Tom Russo's Keynote address from the 2006 LA Value Investor Conference





























