8th Symposium on Intelligent Investing
May 17, 2019
Rear Amphitheatre - Donald K. Johnson Centre (Formerly Ivey Tangerine Leadership Centre), First Canadian Place, 130 King Street West, Toronto, ON
The Ben Graham Centre for Value Investing at the Ivey Business School at Western University hosted its annual academic Symposium on May 17, 2019 at the Donald K. Johnson Centre (Formerly Ivey Tangerine Leadership Centre), 130 King Street West, Toronto, ON.
The mission of the Symposium was to encourage and support academic research and study in areas related to value investing. The presenters discussed their work on value investing and related topics, such as market anomalies and value vs. growth investing.
Registration is now closed.
"Why stock-picking skills do, in fact, exist"
Globe Investor Magazine Online, July 10, 2019
“Great balance of positive yet critical comments. Excellent colleague discussions.”
Al Schiappa, Chartered Accountant
"Keep up the great work. This Symposium definitely increased my interest in reading some of the academic literature available.”
Jeffrey Stacey, Stacey Muirhead Capital Management
"Great conference. Had an amazing time. Papers and Discussants were really good.”
Madhu Kalimipalli, Professor in Finance, School of Business and Economics, Wilfrid Laurier University
"I really enjoyed the Symposium. The papers were very good and the presenters did an excellent job. The conference room was filled with energy and enthusiasm. I look forward to participate in the next Symposium.”
Rosemary Luo, DeGroote School of Business, McMaster University
"The diversity of papers by a slate of excellent researchers made it a terrific experience.”
Ranjini Jha, University of Waterloo
"Thank you for everything. The conference was excellent and I was honored to take part!”
Matthew C. Ringgenberg, University of Utah
Symposium Organizer and Chair
George Athanassakos, Managing Director, Ben Graham Centre for Value Investing and Ben Graham Chair in Value Investing, Ivey Business School, Western University
Morning Session: On Market Anomalies
Presenter: Kelly Shue, Yale University
Topic: Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets
Discussant: Baolian Wang, University of Florida
Presenter: Joshua Mitts, Columbia Law School
Topic: Short and Distort
Discussant: Marina Niessner, Vice President, AQR Capital Management
Presenter: Matthew C. Ringgenberg, University of Utah
Topic: An Information Factor: Can Informed Traders Make Abnormal Profits?
Discussant: Andrey Golubov, University of Toronto
Afternoon Session: On Value Investing
Presenter: Mark Leary, Washington University in St. Louis
Topic: Do Dividends Convey Information About Future Earning?
Discussant: Feng Zhang, University of Utah
Presenter: Robert Stoumbos, Columbia University
Topic: The Power of Accounting Information in Explaining Stock Returns
Discussant: Ilia Dichev, Emory University
Presenter: Theodore Sougiannis, University of Illinois at Urbana-Champaign
Topic: Mandatory IFRS Adoption and the Usefulness of Accounting Information in Predicting Future Earnings and Cash Flows
Discussant: Ranjini Jha, University of Waterloo
8th Symposium on Intelligent Investing Gallery
Kelly Shue Presenting her Paper
Joshua Mitts Presenting his Paper
Networking Coffee Breaks
Matthew C. Ringgenberg Presenting his Paper
Mark Leary Presenting his Paper
Robert Stoumbos Presenting his Paper
Theodore Sougiannis Presenting his Paper
We would like to thank our sponsors Burgundy Asset Management Ltd., The Center for the Advancement of Value Investing Education, Sionna Investment Managers, Tweedy, Browne Company LLC., and Ivey Business School for their generous support in sponsoring the Symposium.