Yeah this is one of the mysteries of the century for me, a bit exaggerated but you get the idea.
My theory is that people are wary of long term averages coming into play and whether they can beat by 1.1% consistently. Still personally I think this is incredibly undervalued, considering the track record. Really it's like an index fund that doesn't have to hold bad stocks and open to more opportunities.
Ann: Investment Update & NTA April 2018, page-8
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