Ackman, Other Fund Managers Give Investing Ideas at Dallas Event

Donating to charity is a tax deduction for most people, but the good these organizations do cannot be discounted. Non-profit companies that stage charity events, are equally important. They make it easy for the people who can afford to give reach their favorite charities, while providing an additional benefit or incentive, like a dinner or conference. The goal is the same and the benefit is just as great. Latey, many of these events have featured hedge fund managers giving advice, like the Invest for Kids event in Chicago and the Great Investors’ Best Ideas event in Dallas.

Bill Ackman PERSHING SQUARE

The 5th Annual Great Investors’ Best Ideas Conference

The Great Investors’ Best Ideas event in Dallas is ultra-private and very exclusive. According to its website, “the Great Investors’ Best Ideas Foundation (GIBI) is a 501(c)(3) non-profit organization founded in 2007 by John Neill and Fredrick “Shad” Rowe.” Its purpose is to “create a premier investment event in Dallas to benefit causes they are passionate about, The Michael J. Fox Foundation for Parkinson’s Research and the Vickery Meadow Youth Development Foundation.” To do this, it holds the annual event “to enlighten, inspire and inform attendees while raising much-needed funds for two worthy causes.” On average, the event raises $1M for Neill and Rowe’s favorite causes.

Bill Ackman is Bullish on Lowes $LOW

This year, the event boasted several prominent people from the hedge fund world, including Bill Ackerman of Pershing Square Capital Management, Bruce Berkowitz of Fairholme Capital, David Einhorn of Greenlight Capital, John Kleinheinz of Kleinheinz Capital Partners, T. Boone Pickens of BP Capital Management and Michael Price of MFP Investors. Bloomberg spoke with a person who attended. Reportedly, Bill Ackman recommended investors buy shares of Lowes Inc (LOW). The company is trading at $22.48 a share, 17% below its 52-week high, on one-year estimates of $23.50.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!