Dear Value Investing Students and Alumni,

With another academic year under our belts and a new one about to begin, I wanted to share with you our second annual Benjamin Graham Value Investing Program newsletter, enclosed here: 2020 Benjamin Graham Value Investing Newsletter.

This year’s newsletter traces our program’s development over the course of the past year and includes interviews with some of our program alumni as well as Investors in Residence. It also profiles our applicant pool as well as the stellar job placements of our graduates.  I hope you will be encouraged by what you read, as we could never have achieved such a high level of success without your hard work and commitment along the way.

I also want to say a special thanks to the members of our Simon Fellowship Newsletter Committee: Deborah Lim, Matthew Marquez Molnar, and Ray Fu. I could not be more grateful for all the hours they spent to produce such an informative and attractive newsletter.

I certainly hope everyone enjoys reading it, and look forward to staying in touch.

Go Bruins!

With best regards,
Professor Simon

In December 2018, Professor Bill Simon, co-founder of the Value Investing Program, had the honor to meet super-investor Warren Buffett at his office in Omaha, Nebraska. Here, Mr. Buffett is seen holding the 2018-19 UCLA Value Investing Program t-shirt before their dinner together. On the right is the letter Mr. Buffett wrote Professor Simon on receiving the news that the Value Investing Program had been named for Benjamin Graham, Mr. Buffett’s mentor. The Program could not be more pleased to have the encouragement of Benjamin Graham’s most extraordinary student.

The Benjamin Graham Value Investing Program is intended to prepare undergraduates for a wide range of careers in which they will be faced with the challenge of evaluating investment opportunities and making active decisions to direct capital to enhance value. Such careers include high level executive positions within companies, careers in alternative investment firms such as private equity or distressed debt firms, or in actively managed mutual funds. A student graduating from this program will be able to understand the full set of fundamental economic and strategic forces that favor or disfavor a particular investment opportunity from both a theoretical and historical perspective.

The Benjamin Graham Value Investing Program consists of 1) an academic concentration in Value Investing consisting taught by real-world practitioners known as “Investors in Residence” and 2) the Simon Fellowship, a recruitment platform created to provide exceptional undergraduates with avenues to explore careers at hedge funds, private equity firms, and other buy-side roles.

For more information, please contact Program Managers, Humberto Merino-Hernandez or Tony Winston, for the Value Investing Concentration.

E-mail: hmhernandez@econ.ucla.edu
Direct Line: (310) 500-4289

E-mail: twinston@econ.ucla.edu
Direct Line: (310) 500-4282