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1.
One of Bill Nygren's methods for choosing stocks involves the 80/20 rule.
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True. Nygren looks for stocks where 80% of the commentary about a company revolves around a part that contributes only about 20% of the profits.
2.
Part of Ralph Wanger's approach to picking stocks involves looking for small-company stocks that have been largely ignored by analysts.
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True. These stocks don't receive much attention, so there is a chance of finding an undervalued stock among them.
3.
Whom did Bill Ruane study under?
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Ben Graham. Ruane studied under Graham.
4.
Charlie Munger was _______.
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Vice chairman of Berkshire Hathaway.
5.
What factor did Marty Whitman focus on when choosing companies to invest in?
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The takeover value. The takeover value was how much he thought a buyer would pay to buy the whole company.
6.
Many critics of Bill Miller claim that he is not a true value investor.
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True. Miller combines value investing with growth investing, leading some to claim he is not a true value investor.