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bar1080

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bar1080

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Friday, 09/30/2016 9:33:41 AM

Friday, September 30, 2016 9:33:41 AM

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"Being Like Buffett: Easy to Say, Hard to Do"

"... while every manager desires Buffett’s results, most do not mimic his investment approach. Concentrated, low-turnover portfolios are not for everybody. There are, however, two dozen U.S. stock mutual funds that could reasonably be called Berkshire Hathaway hopefuls. They have large-value or large-blend investment styles, fewer than 25 stock positions, and annual turnover of less than 50%.

Their collective results stink."

http://news.morningstar.com/articlenet/article.aspx?id=771949&SR=Yahoo

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

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