Favoring Companies with Transparent Businesses Buy the Money Manager not the Stock

The Mutual Fund Industry Can Weather the Storm

We’ve invested for a long time in the mutual-fund industry, for example, and clearly see it as within our circle of competence. Our experience with the long term track records of companies like T. Rowe Price or Franklin Resources leads us to believe they can more than deal with some ups and downs.
Source: http://www.valueinvestorinsight.com/

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