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Steven Kiel
Steven Kiel
Articles (136)  | Author's Website |

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February 01, 2011 | About:

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About the author:

Steven Kiel
Steven Kiel is the president and chief investment officer for Arquitos Capital Management, a Virginia-based investment management firm. He is a graduate of George Mason School of Law and a captain in the Army Reserves. He manages two spoke funds, The Freedom Fund, a value-oriented portfolio, and The Hayek Fund, a portfolio dedicated to free market principles. He can be contacted at [email protected] or through the firm's website at www.arquitos.com.

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Rating: 3.4/5 (8 votes)

Comments

batbeer2
Batbeer2 premium member - 6 years ago
EDU says:

“We face competition for our “Elite English” program primarily from Wall Street Institute and EF English First, both of which offer English training courses for adults in many cities in China. Wall Street Institute began providing high-end English training courses to adults in major cities several years before we entered this market and enjoys a first-mover advantage.”

Last year, Carlyle group sold Wall Street Institute to U.K.-based publisher Pearson PLC for $ 240m.

http://peureport.blogspot.com/2010/07/carlyle-sells-rest-of-wall-street.html

mr. Market offers us EDU for $ 3.9B !
slkiel
Slkiel - 6 years ago    Report SPAM
Nice catch.

Yeah, very expensive. I'm not sure how Karr can have 26% of his portfolio in this name. Seems like a ton of risk.

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