The Margin of Safety Invitational (MSI)

Intercollegiate investment competition hosted by Victors Value Investments at the University of Michigan.

Date

Wednesday, Nov 19 2025

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Location

Tozzi Center, Ross School of Business

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Finalists

5 Undergraduate Teams

*Submissions for the Fall 2025 competition are closed. Check back in August 2026 for details on next year’s event.


Corporate Sponsors


Program Schedule

  • Students and judges arrive and gather for a light breakfast and brief introductions.

  • Meet Rich Carona, Michigan Alumni and Partner at The Baupost Group

    • Get exposure to a value-oriented hedgefund

    • Open to participants and other interested students

  • 20 minute stock pitch presentations followed by 10 minutes of Q&A

    • $INTR

    • $BIP

    • $NE

    • $TDOC

    • $GENI

  • Finance panel with our esteemed judges. Open to participants and other interested students.

    • Dan Ives (Wedbush Securities)

    • Greg Steinmetz (Sequoia)

    • Inder Soni (Acacia Partners)

  • Judges determine top three teams based on presentations.

  • Judges announce winners, followed by a Q&A and networking session for all participants.

Submission Requirements

Guidelines

  • Select a value investment currently listed on a public stock exchange

  • No restrictions on market cap

  • Teams of 3-5 undergraduate students


Due 11/5/25

All undergraduate students are welcome to submit a pitch.

Submit deliverables to taanisha@umich.edu.

Deliverables

  • Pitch deck with investment recommendation (40 slide maximum)

  • One-page investment memorandum

  • Resumes of all team members

  • DCF model

Join our 5th annual value investing stock pitch competition.