You’ve heard it before.  Lots of content for the sake of content.  Most stuff garbage and a waste of time.  We like to pass along the exceptions.

We strongly recommend the 9/30/18 shareholder letter from Tweedy, Browne.  As always it’s an honest, plain language discussion of markets, economies, results and how value investing fits into the puzzle.

You’ll no doubt read similar themes to those you’ve heard from Apollo.  That’s no accident.  After all great minds think alike!

Self-serving playfulness aside the letter is a fantastic read and well worth a few minutes of your time.

Enjoy.