Is KKR and Co. (KKR) A Smart Long-Term Investment Pick?

Ariel Investments, an investment management firm, published its “Ariel International Fund & Ariel Global Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. Ariel Global Fund’s fourth quarter and calendar year gain underperformed its primary benchmark, which was propelled by its exposure to large-cap U.S. growth stocks. Conversely, Ariel International Fund outperformed its primary benchmark during the quarter yet lagged over the one-year period. Spare...