FXstreet

At Baron Capital's annual investment conference star musicians and comedians were overshadowed by Tesla's Elon Musk.

Each year investors in the Baron Funds spend a day listening to corporate executives and portfolio managers, interrupted only by blockbuster musical and comedy acts. The 2015 edition lived up to its predecessors Friday with the likes of Steve Martin and Martin Short, Lady Gaga and Tony Bennett, Michael Buble and Alicia Keys, but for investors the real headliner was Tesla Motors TSLA Elon Musk.

Baron, who runs $27 billion (assets) firm his corner office high atop Manhattan’s GM building, teased attendees in advance, promising that a surprise speaking slot would be filled by an “electrifying” CEO.



Friday morning started with appearances from the CEOs of other Baron Funds portfolio companies — financial services software firm SS&C Technologies , life science-focused REIT Alexandria Real Estate Equities and DNA sequencing company Illumina ILMN – but the attendees at the New York’s Metropolitan Opera House at Lincoln Center started buzzing when Musk took the stage for a one-on-one chat with Baron.

more...