For the purpose of this exercise, students will choose a well known investor/portfolio manager (i.e. Warren Buffet, David Einhorn, Kenneth Griffin, Carl Icahn, Howard Marks or William Ackman etc.) for which they will conduct an investment and portfolio management analysis. The analysis of the money manager should culminate with students creating an in depth analysis of the personality, and methods applied by the manager chosen. Students will be evaluated on the depth, and scope of the analysis as well as its applicability to an investment portfolio.
The specific components of the proposed analysis should include:
• Introduction and history (brief introduction to the manager and his/her background)
• Education and professional history (where did the manager go to school, how was his/her financial education started and prepared him/her as a portfolio and investment manager)
• Investment strategies used and materials read by the manager (What books and materials were of influence in the managers methods of portfolio management, and how were the managers investment strategies developed throughout their career)
• Investment and portfolio management philosophy of the manager and application of it (what strategies are taken by the manager, like mitigation of risk, research and analytics, active or inactive investing, diversification or concentration, etc.)
• Success analysis (analyzing positions taken and the success of portfolio management and investments of the manager)
• Conclusion and application of investment and portfolio management methods.
The assignment will address the following components:
Section 1: Introduction and History
• Description of the upbringing of the portfolio manager chosen
• Analysis and reflection of how this history influences the manager's mind set and investment characteristics.
Section 2: personal Culture/Education and Strategy
• Describe the manager's culture, and based on this culture the strategy he/she takes in business.
• Education and influential personalities that built the investment thesis and portfolio management styles of the manager.
• Books, research and materials read by the manager that helped build his/her investment theory and portfolio management style.
Section 3: Investment Management
• What is the management culture?
• What is the type of analysis carried out on the manager's investments and Portfolio management?
• What are some well-known successful investments and portfolio management done by the manager?
Section 4: Application
• Describe an application plan for the analyzed methodologies of investment and portfolio management.
• Analyze skills required to carry out this investment strategy and portfolio management styles.
• Analysis of current positions and possible future investments and portfolio management strategies based on the methods used by the manager and write an investment thesis and portfolio management strategies for at least 4 investments and portfolio management based on this body of work.
The written paper is to be typed to APA standards (double-spaced, 1" margins; Arial, Times New Roman, or Courier in 12-point font), between 10 - 12 pages, with correct spelling and grammar, proper citation, references, with a cover page and organized with headings. The instructor's approval of the topic is required.