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Third Avenue Management Raises Stake in Macerich

2015-08-27 09:09:04| Furniture - Topix.net

Martin Whitman 's Third Avenue Management puts its faith in a company's current balance sheet rather than potential future revenues when making its investments. It's a philosophy that has worked for Third Avenue, which recorded returns of 4.88% last year, 18.84% in 2013 and 27.48% in 2012.

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