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Holly LaFon
Holly LaFon
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Wallace Weitz Comments on Liberty Interactive

July 15, 2013 | About:
Liberty Interactive (LINTA--$23)(LINTA) Liberty Interactive’s QVC continues to grow in the U.S., Europe and Japan. The company also owns 37% of HSN (Home Shopping Network). QVC and HSN employ both video and online retailing platforms that give them significant cost advantages over traditional (bricks and mortar) retailers. We trust management to both grow the business and buy back shares, thus increasing the value per share of our holdings.

From Wallace Weitz’s second quarter 2013 letter to shareholders.


Rating: 4.0/5 (1 vote)

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