Tweedy Browne Profits off of European Companies in Q3

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Tweedy Browne Profits off of European Companies in Q3
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Tweedy Browne Profits off of European Companies in Q3

The famous value fund, Tweedy Browne & Co., is out with their third quarter letter. They fund managers say that ‘to say that markets of late have been driven by the actions and comments of central bankers around the world is an understatement,’ echoing the sentiment of many other investors. They discuss some of their profitable holdings/buys (many of which are European companies), including:

Arca Continental, Diageo, and Heineken Holding; pharmaceutical holdings such as Novartis and Roche; financials such as Provident Financial, Munich Re, and Zurich Insurance Group; and Total and Phillips 66

After A Tough Year, Odey Asset Management Finishes 2021 On A High

For much of the past decade, Crispin Odey has been waiting for inflation to rear its ugly head. The fund manager has been positioned to take advantage of rising prices in his flagship hedge fund, the Odey European Fund, and has been trying to warn his investors about the risks of inflation through his annual Read More

The full letter letter can be found here.

Disclosure: I have a long position in Novartis

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