Replies to post #346375 on Zeev's Turnips Patch-No Politics (ZEEV)

[Sherlock356]

Joe.....Wellington likely bought the shares for clients whos accounts they manage. I read the Capstone report personally....it was not second hand information.

[Sherlock356]

Joe...re Wellington..."As of September 30, 2004, we had client assets under management totaling over US$428 billion. Approximately 66% of those assets were invested in equity portfolios. These portfolios include multiple styles (growth, core and value) and the full capitalization spectrum (large, medium and small), as well as concentrated, multi-sector, regional and single country portfolios."

That is a damn big fish...and they sure do their DD before buying into a company.