March 16, 2017

TAL Education Group

We feel like a SITTING DUCK on the markets.

“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
TAL (ISIN: US8740801043 )

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People's Republic of China (the PRC).          

Market: NYSE

http://en.100tal.com/


Gain over the quarter: +33 % 


Fair value: $ 94
Discount: N/A
Average yearly return: 52%
Yield: N/A
Outperformer

* We will be out of town from March 16 till 26

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