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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.
Whom did Bill Ruane study under?
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Ben Graham. Ruane studied under Graham.
3.
Why didn't Marty Whitman like to use book value when considering a company to buy?
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He felt that it overlooked too many intangibles. Intangibles don't appear as such on balance sheets.
4.
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.
5.
In Bill Miller's professional portfolio, pricey Internet stocks rub elbows with _______.
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None of the above. Miller likes to mix a lot of styles.
6.
What mattered to Charlie Munger when it came to selecting companies to invest in?
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All of the above. Munger valued all of them.