The 5th annual Wells Fargo Investment Thought Leadership Forum

Last December, a handful group of students and I were given the opportunity to assist “The Wells Fargo Investment Thought Leadership Forum” in New York City. The conference, that took place in the prestigious Plaza Hotel, hosted top-notch discussions on market, credit, banking, and the broad economy. The speaker list included several of the world’s most known and successful investors and managers including Howard Marks (Co-Chairman of Oaktree), Larry Fink (Chairman and CEO of BlackRock), Michael Bloomberg (founder of Bloomberg and 108th Mayor of New York City), and Jamie Dimon (Chairman and CEO of JP Morgan Chase & Co). Furthermore, we felt even more privileged knowing that, among the 1,500-member investor audience representing more than $3 trillion in capital, our group represented the only school present at the conference.

The group with Professor Sheridan!

Our trip started on December 6. Myself and Jared Ablass, SMF student from Canada, had to catch our flight to New York at 2 PM. We arrived at LaGuardia around 5:30 PM and went directly to the Airbnb we rented for the two days trip to drop our bags– and off we go we were, already on our way to our first meeting/dinner with an alumnus from the program.

Arriving in NYC!

The day of the conference, we decided to walk to the Plaza hotel. All of us agreed that a morning walk on 5th Avenue could not hurt.

After a quick breakfast in the hotel and a welcome remark by Jonathan Bock, managing director at Wells Fargo and organizer of the conference, we started the day with a word from Howard Marks. The discussion focused on today’s incredibly challenging low-return investment environment. Mr. Marks emphasized his presentation on today’s uncertainty in the macro environment and the fact that this uncertainty might not lead to high prospective returns in the future because of central banks keeping rates low.

Following Howard Marks was a highly anticipated panel (composed of leaders from Wells Fargo, Apollo, BlackRock, and CalPERS) giving their thoughts on some of the most pressing issues facing the economy (from tax cut all the way to technology). Among other things, the panel was explaining that the tax reform is expected to be powerful for cash flow-oriented companies (as they will have more cash in hands) and particularly for investment bankers on expectations of M&A.

The lunch discussion with Michael Bloomberg was, in my opinion, one of the best discussion of the entire conference. I particularly enjoyed listening his point of view on climate change. As mentioned during the discussion, Mr. Bloomberg explained that while the federal government is clearly a part of the environmental solution, it is more important to see both the innovation and environmental improvements coming from corporate and city leaders in response to citizen demand for cleaner air and water.

Finally, the heavily anticipated closing discussion between Jamie Dimon (Chairman and CEO of JP Morgan Chase & Co.) and Mike Mayo (Large Cap Bank Analyst at Wells Fargo Securities) focused on Mr. Dimon’s catalog for success during his time at the head of one of the biggest financial institution in the world.

A discussion with Jamie Dimon!

We closed this great day with an alumni dinner at a fine restaurant in Manhattan. We had the chance to share this meal with a couple of alumni working in the Big Apple.

Alumni Dinner in NYC!

This diverse group of motivated students coming from all around the world (including myself) are extremely grateful for the opportunity that was given to us by Professor Pinteris, Professor Sheridan and Fisher College of Business. In my opinion, an event like this one is what sets the Specialized Master of Finance apart from other programs and gives you the belief that one day, you’ll be in the shoes of those highly successful individuals.

The entire group with Professor Pinteris and Mr. Bock!