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Showing posts with label
Provident Financial
.
Show all posts
Showing posts with label
Provident Financial
.
Show all posts
Saturday, September 09, 2017
The fallacy of value investing - with Neil Woodford
This week, star London-based fund manager Neil Woodford talked about his recent poor performance, mainly as a result of the huge losses suffered in his holding in Provident Financial.
Below is the chart, which tells its own sorry story:
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