Longleaf Parnters 2008 Semi-Annual Shareholders Letter

Read the full article at: http://www.longleafpartners.com/pdfs/08_q2.pdf
(via www.longleafpartners.com)

Mason Hawkins comments on the uncertain economic times. He reminds us in this letter that "Historically, the best time to invest has been when owning stocks has felt the worst."