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Nick_de_Peyster December 2016
Ted December 2016

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Piling Up Returns Like Warren Buffett And George Soros Might Be Easier Than You Think

Ted

Ted

December 2016 in Fund Discussions

FYI: A new paper claims that a lot of the gains reaped by the legendary managers over time were, in theory, available to anyone using a handful of buy-and-sell signals.
Regards,
Ted
http://www.investmentnews.com/article/20161207/FREE/161209941?template=printart

Comments

Nick_de_Peyster

December 2016

In a 2014 paper, AQR noted the role of low-cost leverage in Buffett's returns. Not certain why that was left out in the article. http://www.econ.yale.edu/~af227/pdf/Buffett's Alpha - Frazzini, Kabiller and Pedersen.pdf

Nick de Peyster
http://undervaluedstocks.info/
Ted

December 2016

@Nick: Thanks, I was just getting ready to link it. Agree it should have been part of the article.
Regards,
Ted

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