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Posted by
Two Blokes Apr 19 -
Filed in
Stock
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General American Investors Company is a closed-end fund that has historically outperformed the S&P 500 Index, attracting investors despite being underfollowed and underheld. The fund primarily invests in American common equities, which may face downside risk due to capital outflows from the U.S. and overvaluation concerns. Despite its value-oriented approach, the fund holds significant positions in richly valued mega-cap technology stocks, potentially dragging down performance amid ongoing capital flight.