Jeff Ubben is returning $1.25 billion of capital to investors because he can’t find smart places to put it to work with current valuations.
Dear Superinvestor Bulletin Follower,
Warren Buffett believes that an index fund is a great investment, but he doesn’t index.
Joel Greenblatt believes the same thing but doesn’t index either.
Here he is explaining why:
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Have a great day!
Editor, The Superinvestor Bulletin