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The 5th Annual Moon Lee Prize Competition was held on Friday, January 31, 2014.
The Moon Lee Prize is given in memoriam of Moon Lee, a dedicated value investor with Porter Orlin, LLC.
Moon graduated magna cum laude from Harvard College and received his Master of Business Administration (MBA) from Harvard Business School. During his MBA studies, Moon received the prestigious Dean's award for co-founding a Junior Achievement mentoring program at a local public high school.
Moon worked at Porter Orlin, LLC from 2003 to 2008 and demonstrated a tireless ability to identify and analyze deep-value opportunities where few could see.
In his honor, his friends at Amici Capital, LLC initiated this competition for outstanding students in the Applied Value Investing (AVI) program.
The students compete for cash prizes of $15,000 and $5,000 and the submissions are judged on the quality of their research and the concise presentation of a strong investment thesis.
The four finalists—Stephen Lieu '14, Patrick Stadelhofer '14, Akhil Subramanian '14, and Jackson Thies '14 —were selected from a group of nearly forty contestants. At the reception, each student presented his analysis to the judges from Amici Capital, including Alex Porter, Paul Orlin, and Jon Friedland ’97.
The judges awarded first place to Patrick Stadelhofer '14 for his recommendation on Short World Acceptance Corp. (WRLD) and second place to Akhil Subramanian '14 for his recommendation on Pandora (P).