The Ira Sohn conference is coming up in a couple of weeks, and the organizers are holding a contest to find one great investment idea.
The Sohn conference, which benefits children with cancer, is one of the most hotly anticipated events of the year because of the star investors who show up.
David Einhorn, William Ackman, Jeffrey Gundlacht, John Paulson are just a few of the investors scheduled to speak this year at Avery Fisher Hall on May 16. Stock recommendations made at the conference can have an instant impact on the market.
The organizers want to highlight one investment idea from outside too. The idea will be reviewed by a pretty imposing panel, and then presented at the conference.
“A distinguished group of judges led by legendary investor Michael Price and including celebrated investors Bill Ackman, David Einhorn, Joel Greenblatt and Seth Klarman will select the most compelling investment idea.”
The entrance fee for the contest is $100 ($25 for students) and the idea is due May 9. Semifinalists and finalists each get two tickets to the conference. Check out the rules here.
Last year, the winning idea moved the market. College student Sunjay Gorowara urged investors to check out Bridgepoint Education (BPI), which quickly jumped 13%. Since the day before Gorowara’s talk, however, shares of Bridgepoint are about flat.
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