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Barron's' 'Miller Time' Completely Misses the Math - and the Mark
[
View article
]
One might add-- this return is on a _much_ smaller asset base.
Value Trust had $20 Billion in assets in March 2007.
Value Trust has about $4 Billion in assets today.
So that %72 decline is off of a much larger amount of money, representing about $14 Billion in losses. This year's gain amounts to about $1 Billion.
Lose $14 Billion, gain $1 Billion = not so good
Oct 19 07:16 am
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Crocodilian's
Comments Stats
361 comments
Rating:
521
(1036
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515
)
-
One might add-- this return is on a _much_ smaller asset base.
Oct 19 07:16 am
|Rating:
+10
-2
All Comments by Crocodilian »Barron's' 'Miller Time' Completely Misses the Math - and the Mark [View article]
Value Trust had $20 Billion in assets in March 2007.
Value Trust has about $4 Billion in assets today.
So that %72 decline is off of a much larger amount of money, representing about $14 Billion in losses. This year's gain amounts to about $1 Billion.
Lose $14 Billion, gain $1 Billion = not so good