The Ben Graham Centre for Value Investing held its annual International MBA Stock Picking Competition in Toronto, Ontario, Canada, on April 18, 2023.
Teams from MBA schools from around the world competed for $14,000 in cash prizes. Three finalist teams made presentations to a panel of distinguished value investors. On April 19, the finalist teams attended the Ben Graham Centre’s Value Investing Conference where the winners were announced. On April 20, the finalists were also be invited to attend the Fairfax Financial Holdings Ltd. Annual General Meeting at Roy Thomson Hall in Toronto, Ontario, Canada.
REGISTRATION CLOSED
Competition Winners
Fourteen teams registered in the 2023 International MBA Stock Picking Competition and contributed to the Competition’s success. Schools that participated put forward excellent research reports in the first round of the Competition making the judges' choices for the final round challenging.
Three teams were selected to participate in the Competition finals held on April 18, 2023. The panel of judges was thoroughly impressed by all three presentations. The finalist teams were ranked as follows:
1st Place: Ivey Business School, Western University
Team members: Tyler Clemens, Ali Gill, Nitish Mehta
PowerPoint Presentation Coming Soon
2nd Place: Barna Management School
Team members: Jose Arias, Yissel Familia, Edward Marte
PowerPoint Presentation Not Available
3rd Place: Gabelli Center for Global Security Analysis, Fordham University
Team members: Derek de los Reyes, Mohit Kumar, Sachin Sundar
View PowerPoint Presentation
Media Coverage
"Teamwork key to victory in stock picking competition"
Ivey News, April 20, 2023
Competition Photos
George Athanassakos' Welcome & Introductory Comments
Barna Management School Team Presenting
Judges Asking Questions
Fordham University Team Presenting
Audience
Ivey Business School Team Presenting
Judges Asking Questions
George Thanking Teams, Judges and Attendees
Competition Group Photo
Competition Timetable
TEAM REGISTRATION
Team registration opened at 09:00 EST on October 14, 2022.
One team per school, consisting of up to three students, registered by 23:59 EST on December 19, 2022.
1st ROUND
‣ In the 1st round of the Competition, a list of stocks to choose from was shared with participating schools at 09:00 EST on January 17, 2023.
‣ One team from each participating school submitted a research report of their chosen stock to the Competition Managers, no later than 07:59 EST, on February 3, 2023.
‣ Three teams chosen as finalists were notified by 15:59 EST on February 21, 2023.
1st Round Judges:
- Ajay Gopal, Framework Venture Partners
- Scott Gryba, Artisanal Gold Royalties
- Achilleas Taxildaris, Bristol Gate Capital Partners Inc.
- Edgar Vergara, RBC Capital Markets
- Marlena Zabielska, Mackenzie Investments
2nd ROUND
‣ In the 2nd round of the Competition, a new company to analyze and value was given to each finalist team at 09:00 EST on March 31, 2023. This stock was the same for all finalist teams.
‣ Each finalist team submitted their final PowerPoint presentation, no later than 07:59 EST, on April 13, 2023, to the Competition Managers.
‣ Each finalist team was then invited to present their respective analyses on April 18, 2023, to a panel of distinguished value investors.
‣ The finalist teams were also invited to attend the Ben Graham Centre’s 2023 Value Investing Conference on April 19, 2023, where the winners were announced, as well as the Fairfax Financial Holdings Ltd. Annual General Meeting on April 20, 2023, both in Toronto, Ontario, Canada.
‣ Each of the top three finalist teams were guaranteed a cash prize, with first place awarded $8,000, second place $4,000 and third place $2,000.
2nd Round Judges:
- Robert Robotti, Robotti & Company Advisors LLC (United States)
- Wayne Peters, Peters MacGregor Capital Management (Australia)
- Kim Shannon, Sionna Investment Managers (Canada)
- Achilleas Taxildaris, Bristol Gate Capital Partners Inc. (Canada)
- Evan Vanderveer, Vanshap Capital (United States)
Learn More about the Competition
Thank you to our Donors
We would like to thank our donors Burgundy Asset Management Ltd., Bristol Gate Capital Partners Inc., The Center for the Advancement of Value Investing Education, Peters MacGregor Capital Management, Robotti & Company Advisors and Stacey Muirhead Capital Management for their generous support.
