Tweedy, Browne Company’s Q3 2021 Investor Letter

Tweedy, Browne Company LLC, an investment management firm, published its “International Value Fund” third quarter 2021 investor letter – a copy of which can be downloaded here. A portfolio quarterly return of ‐2.43% was recorded by the fund for the third quarter of 2021, while its benchmark, the MSCI EAFE Index, by comparison, returned 1.47% for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.