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Over the last 70 years, value stocks clocked a 13.4% average annual return, vs. 10.2% for growth stocks, according to Ibbotson Associates.

Zhao Danyang Wins Lunch with Warren Buffett

Submitted by admin on Mon, 06/30/2008 - 09:24

Zhao Danyang won the Glide Foundation’s auction for lunch with Warren Buffett. The lunch auction is always an interesting thing to watch because of the eclectic groups of people who bid. The 2007 lunch, which actually took place a couple days ago, was won by value investors Mohnish Pabrai (Pabrai Funds) and Guy Spier (Aquamarine Capital Management).

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