IBI, The Phoenix buy Psagot mutual funds
IBI is buying Psagot's passive funds for NIS 150 million, while The Phoenix Holdings is buying its active funds for NIS 147 million.
Source: globes.co.il
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IBI is buying Psagot's passive funds for NIS 150 million, while The Phoenix Holdings is buying its active funds for NIS 147 million.
The Margin of Safety is presumably already found in our Jewish sources in the midrash about Uncelus during the Roman conquest of the Land of Israel.