Legendary Investors Tweedy Browne Re-open Value Fund
Tweedy, Browne & Company, the legendary investors who were Warren Buffett’s brokers in the 1960′s and 1970′s, have announced today that they are re-opening the Tweedy, Browne Value Fund (TWEBX). Their Global Value Fund (TBGVX) will remain closed. Partners of Tweedy Browne, either past or present, have worked closely with some of the legends of [...]
Read More >Buy Managers, Not Mutual Funds
A Mutual Fund is only as good as its management team. Just ask anyone who stayed in Fidelity Magellan after legendary investor Peter Lynch left in 1990, and received “not so lengendary” returns. Magellan was just a Mutual Fund, not a living breathing entity. The smart investors realized that Peter Lynch was the reason Magellan [...]
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