On December 8, more than 100 students and alumni of the School’s Applied Value Investing Program gathered together to watch students compete for the first annual Moon Koo Lee Prize for Excellence. Established by the investment management company Porter Orlin, the award honors the late Moon Koo Lee, an investor at Porter Orlin who demonstrated a tireless ability to identify deep value opportunities.
Porter Orlin chose Columbia for the competition for its renowned history in value investing. The School’s Heilbrunn Center for Graham & Dodd Investing organized the event.
Four finalists — Grant Bowman ’10, Brad Doppelt ’10, Sidney Gargiulo ’10 and Matthew Lilling ’10 were selected from a group of 24 participants to compete for cash prizes of $15,000 and $5,000. Each finalist presented their investment research and recommendation. Four judges from Porter Orlin — including Jon Friedland ’97 and company cofounder Alex Porter, Jr. — evaluated the finalists based on the quality of their analyses.
Grant Bowman ’10 was awarded the first place award for his short-term recommendation on Avery Dennison Corporation. Second place went to Sidney Gargiulo ’10 for her long-term analysis of Interactive Brokers Group.
“All of us at Porter Orlin who read the written presentations were greatly impressed by the caliber of work submitted,” Alex Porter said. “They were thoughtfully conceived and then presented in an articulate way. We are honored to be part of the process.”
The event is just one example of the many ways alumni can get to know current students. Alumni can connect with students through the School’s social networking technology, which facilitates online connections with students. Alumni are also invited to serve as advisers to incoming MBA and Executive MBA students and to participate in the Industry Networking Series (forums in which alumni share industry-specific expertise and network with students), among other opportunities.