Reuters – Poor performance does not seem to be much of a hindrance when it comes to investors shelling out thousands of dollars to hear famous hedge fund managers share some of their wisdom about picking stocks.
Beginning on Monday, some 600 people who have written big checks will attend the 7th annual Value Investing Congress in New York. The two-day event is a chance for investors, lesser-known money managers and financial advisers to rub shoulders with William Ackman, David Einhorn, Jim Chanos, Leon Cooperman and other titans in the $2 trillion hedge fund industry.
