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Smith's Margins Tell the Story |
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| Apr 24, 2008 09:46 PM UTC |
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Tracked Blogger
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Via Long Investment Ideas from Seeking Alpha:
To be sure, Smith does not garner clients' accolades by simply talking a good game. Our belief is that the company maintains one of the best reputations in the industry in part by carefully choosing the segments in which it knows it can effectively add value (while avoiding most others). 
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