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How patience pays for this Buffett-like value fund
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Prabha Carpenter had an opportunity most value investors only dream of. At her first analyst job at insurer Geico’s investment division in 1979, she got to pitch ideas to Warren Buffett.
To be “a newbie presenting ideas to Mr. Buffett in your first few years — it was just an extraordinary training ground,” says the senior equity portfolio manager of the Homestead Value fund.
Carpenter...
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