Three Finalists Announced for First-Annual Value Investing Challenge
Earlier this summer, SumZero and the Value Investing Congress announced the first-annual Value Investing Challenge. Designed to give everyday investors the chance to present a top-of-the-line investing idea at the upcoming Value Investing Congress event in New York, the Value Investing Challenge is the first of its kind.
"Regardless of who ultimately wins, this contest has already been a tremendous success," Divya Narendra, CEO/Co-Founder of SumZero, Inc., said in a company release. "We received a huge number of submissions from professionals working at top hedge funds and mutual funds. These are incredibly-talented individuals who do not get heard from on a large scale often enough because they don't manage a lot of assets or because they haven't made a blockbuster trade. Thanks to this contest we're now hearing from a lot of them and the investing public will now hear from them as well."
The three finalists include Ryan Fusaro of LionEye Capital Management, who had a long recommendation for Jack in the Box (NASDAQ: JACK). Steven Wood of GreenWood Investors gave a long recommendation for Fiat. The third finalist, Matthew Kirk of Lonestar Capital Management, provided a long recommendation for Cincinnati Bell (NYSE: CBB).
The winner will receive a speaking slot at the Congress, admission to the Congress and the Pre-Congress Workshop, publication in the Value Investing Letter, and media placement opportunities.
Voting begins today at the Value Investing Challenge website and concludes on September 26, 2012.
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