Third Avenue Management Q3 Investor Letter – Value Fund

Third Avenue Management, founded by Martin Whitman, is a New York-based investment fund that employs a deep value investing strategy to pick stocks.

For the three months ending September 30, the Third Avenue Value Fund reported returns of 2.88%, compared to returns of 4.96% by MSCI World Index for the same period.

TAVFX is Third Avenue’s flagship mutual fund strategy focusing on investing in undervalued securities across industries, regions and market capitalizations. The strategy...