Founded by legendary value investor Martin Whitman, Third Avenue Management manages mutual funds, separate accounts and hedge funds. The mutual funds include, Third Avenue Value Fund, managed by Martin Whitman, Third Avenue Small-Cap Value Fund, managed by Curtis Jensen, Third Avenue Real Estate Value Fund, managed by Michael Winer, and Third Avenue International Value Fund, managed by Amit Wadhwaney. All of these funds have achieved outstanding performances compared with peers.
We also have Martin Whitman in our List of Gurus. There are overlaps between the portfolio of Third Avenue Management and Martin Whitman's portfolio (Third Avenue Value Fund)
Investing Philosophy:
Third Avenue Management, led by its founder and chairman, Martin Whitman, are balance sheet value investors. They think that the current balance sheet, rather than its projected future revenues and earnings, is the best measure of a company's value. They seek to invest in safe companies that are cheaply priced.
Third Avenue Management was founded by legendary value investor Marty Whitman. He has built an excellent team employing "safe and cheap" approach in their investment decision. Third Avenue Management owns 101 stocks with a total value of $4.4 billion. These are the details of the buys and sells during Q2. More...
(GuruFocus, August 10, 2009) Investment Gurus at Third Avenue Management has reduced their positions in electrical building wire and cable company Encore Wire Corporation (WIRE). GuruFocus Data shows Third Avenue Management reduced 28.01% of its stake in WIRE on August 10, 2008 at the price of $22.7 per share. After the sale, Third Avenue still holds 2,587,000 shares. More...
(GuruFocus, July 13, 2009 ) Investment Guru, Third Avenue Management reduced its positions in St. Mary Land & Exploration (SM) and Louisiana-Pacific Corporation(LPX) More...
This is the Q1 portfolio update of Third Avenue Management. Founded by legendary value investor Marty Whitman, the firm invests heavily in real estate, especially Hongkong real estate. Third Avenue Management owns 115 stocks with a total value of $3.8 billion. These are the details of the buys and sells. More...
Third Avenue Management, founded by legendary value investor Marty Whitman, had fine performances. However, their funds suffered large losses lately. At time like this, it is hard to keep faith in value. But if you still do, take a look at Third Avenue's portfolio. These are their buys and sells during the fourth quarter. More...
Third Avenue Management, founded by legendary investor Marty Whitman, looks for cheap and safe investments. They had some quite contrarian plays these days with MBIA, Radian, Ambac etc. Third Avenue Management owns 173 stocks with a total value of $10.5 billion. These are the details of the buys and sells. More...
Third Avenue Management, led by its founder and chairman Martin Whitman, seeks safe and cheap investments. Whitman bets heavily with mortgage insuruers like Radian and MGIC. He is convinced and he has been buying more of those. These are their buys and sells during the fourth quarter. More...
GuruFocus is pleased to announce that we have added Third Avenue Management into our List of Gurus. Third Avenue Management was founded by legendary investor Martin Whitman. More...
Third Avenue Management, led by its founder and chairman Martin Whitman, seeks safe and cheap investments. They manage 4 mutual funds, and all of them have achieved outstanding returns. These are their buys and sells during the third quarter. More...
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