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To put that in context, a fundholder who invested $1,000 in Contrafund 35 years ago would have $101,000 today, compared to just $42,000 for an investor who earned market returns.
From Barron's ● Jan. 27, 2026
The fundholder was a weight upon all industry, and as dead a weight as the landlord.
From The English Utilitarians, Volume II (of 3) James Mill by Sir Leslie Stephen
If the debt were wiped out, a measure, be it understood, which we by no means recommend, the fundholder would cease to spend his five hundred pounds a year.
From Critical and Historical Essays — Volume 2 by Thomas Babington Macaulay, Baron Macaulay
The proposal for conversion proved, under circumstances already described, to have no attraction for the fundholder.
From The Life of William Ewart Gladstone, Vol. 1 (of 3) 1809-1859 by John Morley
For my part, I believe it to be impossible to make any distinction between the right of a fundholder to his dividends and the right of a landowner to his rents.
From Miscellaneous Writings and Speeches — Volume 4 by Thomas Babington Macaulay, Baron Macaulay
