NYSSA’s Value Investing Committee presents Maximizing Alpha through Value Investing: A Conversation with Robert Sanborn In today’s competitive investment environment, it isn’t enough to keep pace with performance of your index. Clients demand alpha and Robert Sanborn has been achieving vast amounts of positive alpha throughout his career. Please join us to explore how Mr. Sanborn has been able to invest in all market climates to achieve superior risk-adjusted returns through value investing. DATE: Tuesday, March 3, 2009 TIME: 12:00 p.m.–12:30 p.m. | Luncheon 12:30 p.m.–1:30 p.m. | Presentation LOCATION: NYSSA 1177 Avenue of the Americas, 2nd Floor (between 45th and 46th Streets), NYC(Directions) Photo ID required for access to the building. SPEAKER: Robert J. Sanborn, Co-Founder, Sanborn Kilcollin Partners FEES: Members $50 | Nonmembers $75 REGISTRATION DEADLINE: Monday, March 2, 2009 Register at the door: Additional $25 due (space permitting) CREDITS: CE/CPE = 1   Media Partners        Chairs   Steven Rogé, CMFC®   Christopher M. Kehoe, CFA,   Van Biema Value Partners,   LLC     If you would like to media partner or sponsor any of these programs, please contact sponsorship@nyssa.org. Speaker Bio Robert J. Sanborn is a co-founder of Sanborn Kilcollin Partners and is responsible for all the investment decisions for The Elkhorn Fund. Sanborn has over 25 years experience in portfolio management and investment analysis and has been a strong and consistent proponent of value investing. He was the portfolio manager of The Oakmark Fund, the flagship mutual fund of Harris Associates, L.P., from Oakmark’s launch in August 1991 through March 2000. During this period, The Oakmark Fund’s assets grew from $100,000 to over $9 billion. In 1998, Lipper, Inc. ranked Oakmark in the top 10% of value mutual funds, and Barron’s named Sanborn the 1997 Fund Manager of the Year. He was a long-time member of Harris Associates’ Board of Directors and Stock Selection Committee. Before joining Harris in 1988, he was a security analyst and equity portfolio manager for the Ohio State Teachers Retirement System, from 1983 to 1988. Sanborn holds a BA from Dartmouth College (1980) and an MBA from the University of Chicago (1983).