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Reporting Clarification


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On March 9th, 2018 in the letter to shareholders, page 23, about 1/2 way down Prem states

"We continue to like the long term prospects of our common stock holdings, which include names like General Motors..."


The 13-f filings do not show a holding in General Motors until the recent Q2 filing. Its a realtively small holding, is this just a minor reporting error or could there be any legit reason? Also, why would he emphasize a GM holding when its so small?


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