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1.
A good description of the stocks that Marty Whitman liked to buy would be "distressed and beaten up."
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True. He looked for stocks that had suffered greatly and then bought them cheaply.
2.
Charlie Munger advised investors to learn many different facets of a business they might want to invest in.
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True. This helps them to better understand the economics of a certain business, which in turn can help them avoid shortsightedness.
3.
Bill Nygren said he looks for stocks where 80% of the commentary about a company revolves around a piece of business that contributes ________.
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About 20% of the profits. When he finds a situation like this, it is likely the market is undervaluing the firm.
4.
As an investor, Bill Miller mixed _______.
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Growth stocks with value stocks. In fact, he was often called a growth investor in a value investor's clothing.
5.
Ralph Wanger is known for investing according to _______.
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Themes. For example, if money is accumulating in one part of the world, he would look into businesses that serve that part of the world.
6.
Whom did Bill Ruane study under?
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Ben Graham. Ruane studied under Graham.