Whitney Tilson and Glenn Tongue of T2 Partners are scheduled to present at the 7th Annual New York Value Investing Congress. At the Value Investing Congress West that was held in May, T2 gave a presentation titled “An Update on St. Joe and Our Analysis of The Howard Hughes Corporation.” They have been at the forefront of compiling accurate data on the housing and mortgage market in the U.S. and at a recent presentation in Oslo they gave their beliefs on current housing situation:
"We believe that we are in a period of “Unusual Uncertainty.” The most likely scenario is neither a boom nor bust but rather “muddling along” for 2-7 more years."
And on the stock market they mentioned that:
"We think we’re likely in a range-bound market – and with interest rates low and P/E multiples high, it’s hard to see how a sustained bull market could occur."
Readers of Value Investing World are eligible for a $1,500 discount to attend the New York Value Investing Congress on October 17 & 18. To qualify for the discount, please use the link below and the discount code N11VIW8. This Early Bird Rate expires on September 13, 2011. Disclosure: Value Investing World receives a referral fee for registrations generated through the link.