Events

Equity Research Luncheon: Why Bruce Lee Would’ve Been a Great Investor in 2020

By Professor Joel Litman

President and CEO of Valens Research and Chief Investment Strategist of Altimetry

Date

Monday, 16th March 2020

Schedule

(In CST)

11:45 AM to 1:15 PM

Location

Tudor Room, Room 700, 7th floor
Union League Club of Chicago
65 W. Jackson Blvd. Chicago, IL 60604

Professor Joel Litman, Chief Investment Strategist of Valens Research, will discuss how more than 200 of the top 300 money managers use Uniform Accounting metrics for better signals versus as-reported financial numbers.

The difference is eye-opening and game changing.

In the past, only large firms and hedge funds with massive research budgets could access forensically adjusted financials like what will be shown during the program.

Today, that’s changed. Uniform Accounting is for all investors, small and large.

  • For the companies you invest in: The power of seeing the differences between Uniform and As-Reported accounting, performance, and valuations—as the world’s greatest investors do—applied to the financial statements of over 30,000+ companies.  
  • Notably, the material difference in showing real profitability and valuations versus what the major databases incorrectly show, that requires removing more than 130 distortions and inconsistencies in as-reported financial statements

 “Although (as-reported) accounting is the starting place, it’s only a crude  approximation.” – Charlie Munger 

  • How to use Uniform Accounting in equity and credit analysis, fundamental research, analysis of management, and peers for idea generation to identify superior ideas. 

 “…analysis of reported earnings can mislead investors as to the real profitability of a  business.” – Seth Klarman 

  • Is the market collapse coming soon? Or still more than a year away (at least!). Highlighting macro insights that smart investors recognize through an aggregate Uniform Accounting overlay. It is a comprehensive understanding of the historical patterns in equities and economic cycles, driven by credit, profitability, growth, valuation, and other metrics that Wall Street, and the credit agencies completely miss.

Join us for an in-depth look at how Uniform Accounting is helping investment managers to outperform the S&P.

Seats for this event in our East Coast cities have sold out quickly.

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