ADP: THIS UGLY MUTT IS WORTH ADOPTING

摘要

Most folks have never heard of a little Memphis mutual-fund company named Longleaf Partners. But when Longleaf speaks, people up on Wall Street listen. In fact, they listened so closely to the firm's conference calls that in February, Longleaf ended them. Too many pros, it seems, were listening for stock tips and then bidding up prices before Longleaf could build full positions at the bargain levels it likes.