Tweedy, Browne 4Q20 Commentary: New Position In Rubis
Tweedy, Browne commentary for the fourth quarter ended December 2020, discussing their new position in Rubis. Q4 2020 hedge fund letters, conferences and more Also see Tweedy, Browne prospectus here. The cork came off of the champagne bottle in public equity markets during the fourth quarter as vaccine approvals propelled many market indices to new all-time highs, a remarkable achievement in light of the challenges of the last nine months. Proponents of value investing were particularly encouraged as the vaccine news ignited a powerful rally in so called “value stocks,” which in the past have ...