ValueAct Capital: Here’s Why Citigroup Is Now Like Microsoft In 2013 – ValueWalk Premium
ValueAct Capital

ValueAct Capital: Here’s Why Citigroup Is Now Like Microsoft In 2013

The ValueAct Capital Q1 2018 letter to investors revealed a sizable position taken up in Citigroup this year, amounting to a $1.2 billion stake. ValueWalk obtained an excerpt from that letter, in which the activist hedge fund explained why it is betting big on bank stocks right now and also outlined its thesis for investing in Citigroup.

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