Tweedy, Browne Company’s Q4 2021 Investor Letter

Tweedy, Browne Company LLC, an investment management firm, published its “International Value Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. A portfolio quarterly return of 5.14% was recorded by the fund for the fourth quarter of 2021, while its benchmark, the MSCI EAFE Index, by comparison, returned 4.21% for the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.