though, that if I learned thatbusiness and then wanted todo something else seven
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Mr. Robbins foundedGlenview InstitutionalPartners in 2000. Prior tofounding Glenview, Mr.Robbins spent six yearsat Omega Advisors. Heearned a B.S. in Engi-neering and Businessfrom University of Penn-sylvania.
G&D: How did you first getinterested and involved withinvesting?Larry Robbins (LR): I wentto University of Pennsylvaniaand did a dual degree pro-gram in management andtechnology, receiving an en-gineering degree and a busi-ness degree. Like most kids,I thought I was going to re-turn to the place that I grewup and into the same busi-ness that my father was in.My father was an accountant.When everybody in the lastyear of school was inter-viewing for consulting firmsor investing firms, I did notknow what an investmentbank was, but decided that itwould be a good idea tointerview there. For mysummer internship I wastrading options for O’Con-nor and Associates on thefloor of the Chicago Boardof Trade and the ChicagoMercantile Exchange, and Iabsolutely loved it, growingup from a horse racing back-ground. I was scared,
“Consistency of effort wins the game”
— Larry Robbins“Small-Caps, Big Winners” — Robert Robotti
Robert Robotti is thepresident of Robotti &Company. He began hiscareer in public account-ing. Prior to foundingRobotti & Company, BobRobotti was a vice presi-dent and shareholder of Gabelli & Company, Inc.Mr. Robotti holds a B.S.from Bucknell Universityand an MBA in Account-ing from Pace University.He is a certified publicaccountant.
G&D: Mr. Robotti, you grad-uated from Bucknell Univer-sity before getting your CPAand an MBA from Pace Uni-versity. How did you firstbecome interested or in-volved with investing?Robert (Bob) Robotti (BR):It was actually happenstance — good fortune. The ac-counting firm I worked forwas the auditor for Tweedy,Browne Company. The veryfirst thing I did, while I wasstill in college, was to work on the audit of Tweedy,Browne and TBK Partners,which was a great entrée tovalue investing. At the time,Ed Anderson managed thefirm and Howard Brownewas still very active. TomKnapp was a fixture in theoffice; Chris Browne and
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Winter 2011Issue XI
Editors:Garrett JonesMBA 2011Daniel KaskawitsMBA 2011Anna BaghdasaryanMBA 2012Joseph JaspanMBA 2012
Inside this issue:
Summit Street Capital p. 2Warren Buffett -Trip to Omahap. 3
Long Blount Int’l -Todd Brunner ‘11p. 32Long OPAP SA - EricHagemann ‘11p. 36Short Iridium - Patrick Sullivan ‘11P. 38Moon Lee Competi-tionP. 52Long The WilliamsCompanies - TJCarter ‘11P. 34Bill Ackman & MichaelAshnerP. 53Larry Robbins, Glenview Insti-tutional PartnersContact us at:
Visit us at:
Graham & Doddsville
An investment newsletter from the students of Columbia Business School
Robert Robotti, Robotti &Co.