It’s the 18th annual Ira Sohn Investment conference, the must-have ticket for Wall Street investors. Held in New York’s Lincoln Center, money managers crowd the cultural heart of the city as the Philharmonic gives up its stage to the virtuosos of the hedge fund world. They are here to pitch their best ideas in public, all in the cause of cancer research (the most expensive tickets top $100,000).
There have been big calls at the conference before, David Einhorn’s (left) big short against Lehman brothers for one, and even SAC’s Steven Cohen appeared in 1999. This year the cast of 18 includes: Elliott Management’s Paul Singer to start proceedings, Bill Ackman of Pershing Square and investing legend Stanley Druckenmiller either side of lunch. Jeffrey Gundlach and Mr Einhorn will finish off the day.
The FT’s Dan McCrum and Arash Massoudi will be there to capture all the tips and report back on repercussions out in the market.