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Monday, May 2, 2011

Lee Ainslie - Maverick Capital Q1 2011 Letter

Below please find Lee Ainslie's of Maverick Capital Q1 2011 letter. The fund has had some stellar long-term returns with 14% net since 1995. The letter includes a nice piece by Steve Galbraith talks about the importance of emerging markets.

Hat tip to MarketFolly for posting this.



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