Tweedy Browne 3Q06 Shareholders' Letter

(via www.tweedy.com)

The legendary value firm, Tweedy Browne discusses their recent portfolio activity. They see value in smaller cap Japanese and South Korean stocks.

deepvalue on Sat, 2006-10-28 21:45
Title: US Slowdown

Just a thought to share. Given the prospects of a likely US slowdown, one may be keen to look at businesses which are more reliant on their domestic markets. This is where Japanese and South Koreasn business may stand out.