Even with luck, a value strategy is not enough

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Erda Gercek

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Nov 23, 2011, 4:55:30 AM11/23/11

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This is an interesting example of single voice and close to home for me as Bill and I worked for the same co. I was with him in 2008 when his luck turned. Alas fund management is a lonely business where single voice is often inevitable.

The article also gives you a glimse into The world of equity investing which is what we are covering this week.

I saw this article when using the Financial Times app and thought you might be interested:

Financial Times, 12:24am Saturday November 19th, 2011
Even with luck, a value strategy is not enough
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By John Authers
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The strategy Bill Miller used – buy cheap stocks – is totally inadequate for the changed reality of mass paying down of debts