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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (51200)3/28/2013 11:11:54 PM
From: benbuffett   of 78717
 
"This also brings up my standard Doubting-Thomas questioning of performance numbers. Where are the numbers? Who audited ten years of this person's performance? Is this guy another Tilson-like who started in a garage with two stocks or something that doubled and those 100% profits are then woven as one year's number among the next nine year's percentage numbers so as to puff up the overall average % gain?"

I too often wonder about the returns of all these gurus,value guys,/hedge fund managers etc. that we see/read in the media. WHO really audits their books? I know Berkshire and Leucadia post their returns against the S&P on their website. What makes them all GREAT or GURUS is it their salesmanship or stock picking. I bet their are quite a few unknowns out their that outperform many of the pros but their only working with their own capital so their not in public eye. Probably a few on this board.
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