Third Avenue Management, an investment management company, released its second-quarter 2026 investor letter for the “Third Avenue Small-Cap Value Fund”. You can download the letter here. The Third Avenue Small-Cap Value Fund returned 12.85% in Q2 2026, outperforming the MSCI USA Small Cap Value Index (12.61%) but underperforming the Russell 2000 Value Index (17.19%). Year-to-date, the Fund has returned 21.72%, compared to 15.91% for the MSCI and 22.99% for the Russell index. Over three...
What Makes CRA International (CRAI) an Investment Bet?
