'Fidelity National (FIS) Earns Extremely High Profit Margins and Returns on Capital' Says Ruane, Cunniff & Goldfarb
‘Fidelity National (FIS) Earns Extremely High Profit Margins and Returns on Capital’ Says Ruane, Cunniff & Goldfarb Ruane, Cunniff & Goldfarb LP, an investment management firm, published its ‘Sequoia Fund’ fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 14.68% was recorded by the fund for the Q4 of 2020, outperforming its S&P 500 benchmark that returned 12.15%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Ruane, Cunniff & Goldfarb, in their Q4 2020 Investor Letter said that they acquired a position in F...
Source: insidermonkey.com