Best Ideas – Fully Online, LIVE Investment Conference

Burford Capital: Leader in Nascent Litigation Financing Asset Class

Artem Fokin of Caro-Kann Capital presented his in-depth investment thesis on Burford Capital (UK: BUR) at Best Ideas 2019.

Viper Energy: Royalty Company Growing via CF-Accretive Deals

James Davolos of Horizon Kinetics presented his in-depth investment thesis on Viper Energy Partners (US: VNOM) at Best Ideas 2019.

ITE: Founder-Led Exhibitions Organizer at High-Teens FCF Yield

Mark Walker of Tollymore Investment Partners presented his in-depth investment thesis on ITE Group (UK: ITE) at Best Ideas 2019.

PayPal and Roku: Improving Unit Economics in Large Markets

Elliot Turner of RGA Investment Advisors presented his theses on PayPal (US: PYPL) and Roku (US: ROKU) at Best Ideas 2019.

Long-Term Value Investing and Current Market Opportunities

Glenn Surowiec of GDS Investments reflected on long-term investing and current opportunities at Best Ideas 2019.

Case Studies of Companies That Do Capital Allocation Right

Phil Ordway of Anabatic Investment Partners discussed companies that “do capital allocation right” at Best Ideas 2019.

Thor Industries: Dominant Global RV Player at Discount to Tangible Book

Brian Hennessey of Alpine Woods Capital presented his in-depth investment thesis on Thor Industries (US: THO) at Best Ideas 2019.

Shanghai Int’l Airport: Munger’s Way of Investing in China’s Growth

Sid Choraria of Amiral Gestion presented his in-depth investment thesis on Shanghai International Airport Co. (China: 600009) at Best Ideas 2019.

Brown-Forman: Entrenched Business, Driven by Jack Daniel’s Brand

Dave Sather of Sather Financial Group presented his in-depth investment thesis on Brown-Forman (US: BF.B) at Best Ideas 2019.

Tidewater: Leading Owner and Operator of Offshore Supply Vessels

Bob Robotti of Robotti & Company presented his in-depth investment thesis on Tidewater (US: TDW) at Best Ideas 2019.

Enzo Biochem: Debt-Free Company with Strategic/Litigation Optionality

Jim Roumell of Roumell Asset Management presented his in-depth investment thesis on Enzo Biochem (US: ENZ) at Best Ideas 2019.

Semler: Medical Diagnostics Testing Firm with Growth Trajectory

Niraj Gupta of GCI Partners presented his in-depth investment thesis on Semler Scientific (US: SMLR) at Best Ideas 2019.

Arcadis: Engineering Design Services Firm with Margin Expansion Potential

Gary Mishuris of Silver Ring Value Partners presented his in-depth investment thesis on Arcadis (Netherlands: ARCAD) at Best Ideas 2019.

Despegar: Top Online Travel Agent in Latin America at Bargain Price

Samir Mohamed presented his in-depth investment thesis on Despegar.com (US: DESP) at Best Ideas 2019.

Tidewater Midstream: Opportunistic Company Run by Incentivized CEO

Curtis Jensen of Robotti & Company presented his in-depth thesis on Tidewater Midstream (Canada: TWM) at Best Ideas 2019.

Short Credit ETFs: Expectations Unrealistic, Asset-Liability Mismatch

Adam Schwartz of Black Bear Value Partners presented his short investment thesis on credit ETFs at Best Ideas 2019.

AB InBev: Headwinds Offset by Structural Advantages

William Brewster of Sullimar Capital presented his in-depth investment thesis on Anheuser-Busch InBev (US: BUD) at Best Ideas 2019.

Paratek Pharma Convert: Well-Covered by Asset Value, with Upside

Saurabh Sud of T. Rowe Price presented thesis on the convertible debt of Paratek Pharma (US: PRTK) at Best Ideas 2019.

Cummins: Diesel Engine Maker with Shareholder-Friendly Management

Christopher Bloomstran of Semper Augustus presented his in-depth investment thesis on Cummins (US: CMI) at Best Ideas 2019.

Appian: Well-Positioned Platform for Building Enterprise Software

Amil Bera of Advaya Investment Management presented his in-depth investment thesis on Appian Corporation (US: APPN) at Best Ideas 2019.

Daily Journal: Transformation Yet to Be Fully Understood

Matthew Peterson of Peterson Capital presented his in-depth investment thesis on Daily Journal (US: DJCO) at Best Ideas 2019.

Facebook: Platform Business Out of Favor for the Wrong Reasons

Joe Magyer of Lakehouse Capital presented his in-depth investment thesis on Facebook (US: FB) at Best Ideas 2019.

Salmar: Large, Efficient, Low-Cost Producer of Farmed Salmon

Jean Pierre Verster of Fairtree Capital presented his in-depth investment thesis on Salmar (Norway: SALM) at Best Ideas 2019.

PDF Solutions: Lowly Valued, with Net Cash and Growing SaaS Business

John Barr of Needham Funds presented his in-depth investment thesis on PDF Solutions (US: PDFS) at Best Ideas 2019.

Boustead: Catalyst-Rich Asian Real Estate Stock at One-Third of NAV

Mike Kruger of MPK Partners presented his in-depth investment thesis on Boustead Projects (Singapore: AVM) at Best Ideas 2019.

AIG: Out of Favor Despite Solid Business and Derisked Balance Sheet

Brian Pitkin of URI Capital Management presented his in-depth investment thesis on AIG (US: AIG) at Best Ideas 2019.

Walt Disney: Disney+, ESPN+, and Hulu Stake to Drive Multi-Year Growth

Adam Zuercher of Hixon Zuercher Capital Management presented his in-depth investment thesis on Walt Disney (US: DIS) at Best Ideas 2019.

Westaim: Access to Shareholder-Friendly Allocators at Low Price

Steven Kiel of Arquitos Capital Management presented his in-depth investment thesis on Westaim (Canada: WED) at Best Ideas 2019.

Sensata: Highly Cash-Generative Automotive Sensor Leader

Sean Stannard-Stockton of Ensemble Capital Management presented his in-depth investment thesis on Sensata Technologies (US: ST) at Best Ideas 2019.

Diamond Hill: Undervalued Asset Manager with Significant Net Cash

Chris Karlin of Aquitania Capital Management presented his in-depth investment thesis on Diamond Hill (US: DHIL) at Best Ideas 2019.

Kazatomprom: World’s Largest and Lowest-Cost Uranium Producer

Will Thomson of Massif Capital presented his in-depth investment thesis on Kazatomprom (UK: KAP) at Best Ideas 2019.

Sea Limited: Shopee Subsidiary Creates Strategic Upside

Sahm Adrangi of Kerrisdale Capital Management presented his in-depth investment thesis on Sea Limited (US: SE) at Best Ideas 2019.

Tidewater: Post-Bankruptcy, Well-Capitalized Leader at Discount

Amit Wadhwaney of Moerus Capital Management presented his in-depth investment thesis on Tidewater (US: TDW) at Best Ideas 2019.

AT&T: Stable, Slowly Growing Business with Healthy Dividend

Bogumil Baranowski of Sicart Associates presented his in-depth investment thesis on AT&T (US: T) at Best Ideas 2019.

Chemours: High-Quality Chemicals Firm Trades Like Commodity Player

Chris McIntyre of McIntyre Partnerships presented his in-depth investment thesis on The Chemours Company (US: CC) at Best Ideas 2019.

Drive Shack: Growth Potential Ignored as Shares Below Net Cash

John Carraux of Punch & Associates presented his in-depth investment thesis on Drive Shack (US: DS) at Best Ideas 2019.

Siauliu Bankas: Lithuanian Banking Leader at Bargain Price

Steve Gorelik of Firebird Management presented his in-depth investment thesis on Siauliu Bankas (Lithuania: SAB1L) at Best Ideas 2019.

National Oilwell Varco: Dominant Supplier, Transformed

Kevin Cope of Hutchinson Capital Management presented his in-depth investment thesis on National Oilwell Varco (US: NOV) at Best Ideas 2019.

Three Ideas with Disciplined and Repeatable “Underwriting” Processes

Keith Smith of Bonhoeffer Fund presented his theses on STORE Capital (US: STOR), TPG Specialty (US: TSLX), and Ashtead (UK: AHT) at Best Ideas 2019.

Chemtrade: Mid-Teens FCF Yield, with Near-Term Issues Largely Resolved

Reno Giancola and Jeff Hales presented their in-depth investment thesis on Chemtrade Logistics (Canada: CHE.UN) at Best Ideas 2019.

Molson Coors: Large Brewer at 10+% FCF Yield

Chris Swasbrook of Elevation Capital Management presented his in-depth investment thesis on Molson Coors (US: TAP) at Best Ideas 2019.

IPG Photonics: Dominant Laser Company Run by Owner/Operator

Chris Crawford of Crawford Fund Management presented his in-depth investment thesis on IPG Photonics (US: IPGP) at Best Ideas 2019.

Diversified Royalty and Athabasca Oil: Small-Cap Opportunities in Canada

David Barr and Amar Pandya of PenderFund presented their theses on Athabasca Oil (Canada: ATH) and Diversified Royalty (Canada: DIV) at Best Ideas 2019.

Franklin Covey: Well-Run Business with Recurring, High-Margin Revenue

Samir Patel of Askeladden Capital presented his in-depth investment thesis on Franklin Covey (US: FC) at Best Ideas 2019.

Jefferies and Permanent TSB: Two Financials Far Below Fair Value

Patrick Brennan of Brennan Asset Management presented his theses on Jefferies Financial (US: JEF) and Permanent TSB (UK: IL0A) at Best Ideas 2019.

Century Casinos: A World Away from Macau and Las Vegas

Shawn Kravetz of Esplanade Capital presented his in-depth investment thesis on Century Casinos (US: CNTY) at Best Ideas 2019.

Micron: Shareholder-Friendly Leader in Oligopoly at Attractive Price

Naveen Jeereddi of Jeereddi Partners presented his in-depth investment thesis on Micron Technology (US: MU) at Best Ideas 2019.

Liberty Sirius XM: Market Reaction to Pandora Deal Offers Opportunity

Nathaniel Leach of LBW Wealth Management presented his in-depth investment thesis on Liberty Sirius XM (US: (LSXMA/B/K) at Best Ideas 2019.