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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.
Whom did Bill Ruane study under?
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Ben Graham. Ruane studied under Graham.
3.
To estimate a company's intrinsic value, Bill Nygren and his colleagues use _______.
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Discounted cash-flow analysis. Nygren uses this and other methods.
4.
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.
5.
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.
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.