A Huffalump did his business here...: Good Investment Companies

Friday, August 18, 2006

Good Investment Companies

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"We think that investment companies can make great investments. Unlike most open-ended mutual funds, investment companies benefit from significant managerial ownership and a long-term time horizon that allows equity investments to benefit from the effects of compounding. What's more, owning shares in an investment company allows investors to profit from the investment acumen of some of the best money managers around--without the exorbitant fees of many mutual and hedge funds."

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