What is the investment philosophy of Tweedy, Browne?

Tweedy, Browne's investment philosophy is rooted in a disciplined value approach. They focus on investing in undervalued securities with a margin of safety to protect against downside risk. By conducting thorough fundamental analysis, they seek to identify companies with strong financials, competitive advantages, and attractive long-term prospects. Their process involves patient investing, as they prioritize long-term investment horizons to capitalize on intrinsic value. They emphasize downside protection by employing a margin of safety and managing risk through diversification. Additionally, they actively engage in shareholder advocacy, aiming to promote good corporate governance and alignment of interests. Overall, their investment philosophy revolves around seeking attractive investments at favorable prices while aiming to preserve and grow capital over the long term.