Value Investing Congress: Day One

Omaha seemed a bit empty yesterday. As I arrived for day one of the Value Investing Congress, the last of the Berkshire Hathaway (BRK.A/BRK.B) annual meeting attendees (with the exception of those staying for the Congress) were leaving town. The Congress kicked off with some great presentations and some compelling ideas.

I'm always interested to hear what David Nierenberg of D3 Funds has to say; he is perhaps most well-known for taking fairly concentrated positions in broken tech companies, typically micro-caps, then playing the role of friendly activist when necessary. Yesterday, Nierenberg took a departure from the usual, presenting his investment thesis for midcap oil-field services name Superior Energy Services (SPN)....334 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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