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Additional information |
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Tweedy, Browne Company LLC |
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Overview:
For over ninety years we have been active in the value investing business. It is our only business and it is how we invest our own money. As of June 30, 2013, the current Managing Directors and retired principals and their families, as well as employees of Tweedy, Browne had more than $795.8 million in portfolios combined with or similar to client portfolios, including approximately $107.1 million in the Global Value Fund and $63.3 million in the Value Fund, $6.3 million in the Worldwide High Dividend Yield Value Fund and $4.0 million in the Global Value Fund II -- Currency Unhedged.
We have tried to make our website informative and encourage you to read about our history and our investment approach. We believe it is important that our investors and clients understand who we are and what we do. In the "About Us" section, you will learn about our firm, its origins and associations with some of the legends of value investing such as Benjamin Graham, the "father of value investing." Also, under "Investment Philosophy," we describe in detail our investment principles. In the "Research and Reports" section, you'll find an archive of quarterly commentaries, annual and semi-annual reports of our mutual funds along with research papers, numerous articles and interviews concerning Tweedy, Browne.
We welcome your visit and hope you will learn more about investing and our approach to value. We also welcome your suggestions on how we may improve our website and better serve you.
William H. Browne
Thomas H. Shrager
John D. Spears
Robert Q. Wyckoff, Jr.
Managing Directors |
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History:
Tweedy, Browne was founded by Forrest Berwind Tweedy in 1920 as Tweedy & Co., a dealer in closely held and inactively traded securities. The firm’s 88-year history is grounded in undervalued securities, first as a market maker, then as an investor and investment advisor. Our investment approach derives from the work of the late Benjamin Graham who co-authored the first textbook on investment research, Security Analysis (1934) and authored The Intelligent Investor (1949). Graham, through his investment firm Graham-Newman Corp., was one of Tweedy’s primary brokerage clients in the 1930’s, 1940’s and 1950’s. It was through Graham that the original partners of Tweedy developed brokerage relationships with investment legends such as Walter Schloss and Warren Buffett, and met Tom Knapp who was to come to the firm in 1957 from Graham-Newman and lead its conversion from broker to investor.
In 1959, the partners of then Tweedy, Browne & Knapp pooled their capital in a partnership investment vehicle. In 1968, the firm accepted its first outside money management clients as limited partners of this vehicle. In 1975, Tweedy, Browne registered as an investment advisor and began managing separate accounts for individuals and institutions. As of March 31, 2008, the firm managed in excess of $12.3 billion for individuals, institutions, partnerships, off-shore funds and three mutual funds of a registered investment company, the Tweedy, Browne Global Value Fund, the Tweedy, Browne Value Fund, and the Tweedy, Browne Worldwide High Dividend Yield Value Fund.
In 2006, Tweedy, Browne began to broadly offer its clients a value strategy that seeks long-term growth of capital by investing in companies around the globe that the adviser believes to have above-average dividend yields, an established history of paying dividends and reasonable valuations. The firm has managed some accounts in this strategy since 1979 and began to offer it more broadly beginning in 2006. In September 2007, the firm launched the Tweedy, Browne Worldwide High Dividend Yield Value Fund, which will accommodate investors of all sizes. |
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Toll Free:
+1 800 432 4789 |
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