Richard L. Chilton, Jr.’s notes from the 2019 Value Invest New York Conference. Richard is the founder, Chairman, CEO & CIO of Chilton Investment Company. Q3 2019 hedge fund letters, conferences and more Richard L. Chilton Jr.: A Private Equity Approach to Investing in High-Quality Stocks Pitch: Union Pacific Trades at 11.4 p/e on 2024 b/c of cost cutting versus current p/e of 20x and 5% fcf yield Not a cyclical as people think; only 2 lines that go east west and they operate in a oligopoly with pricing power FCF since 2000 has compounded at 15% Even in years…
Richard L. Chilton Jr.: A Private Equity Approach to Investing in High-Quality Stocks
Jacob Wolinsky is the founder of HedgeFundAlpha (formerly ValueWalk Premium), a popular value investing and hedge fund focused intelligence service. Prior to founding the company, Jacob worked as an equity analyst focused on small caps. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds.