One of our favorite value investors is Marty Whitman, manager of the Third Avenue Value Fund. The fund has racked up a heady 16.8% annualized average return since its 1990 inception by adhering to Whitman's self-described "safe and cheap" approach, leaving efficient market aficionados scratching their heads.
http://news.morningstar.com/article/article.asp?id=154787&pgid=wwhome1a
All the best,
Dah Hui Lau (David)
dahhuilaudavid@gmail.com
Knowledge grows through sharing! To be the best, learn from the best! May all your dreams come true! Collections of Value Investing articles, interviews and videos, especially on Warren Buffett and Charlie Munger and articles from various disciplines to build "Latticework of Mental Models"
Friday, January 27, 2006
Marty Whitman's 'Safe and Cheap' Approach; Jan 27, 2006
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