Third Avenue Management, an investment management company based in New York City, released its “Third Avenue Value Fund” first quarter 2024 investor letter. A copy of the Third Avenue Value Fund can be downloaded here. The fund returned 8.58% in the first quarter, compared to the MSCI World Index, which returned 8.97%, and the MSCI World Value Index’s 7.65% return. Over the trailing three and five-year periods, the Fund has returned 16.03% and 15.16% annualized, respectively. In...





