Christopher H. Browne

Christopher H. Browne (1946 December 13, 2009) was a famous value investor.[1]

Biography

Early life

He graduated from the University of Pennsylvania in 1969 with a B.A. in history.[2]

Career

He started his career at the firm Tweedy, Browne, a favorite brokerage firm among prominent value investors like Benjamin Graham and Warren Buffett.[1] His success as an investor and shareholder, who held business management accountable, was renowned. For example, since their inception in 1993, both Tweedy, Browne's Value and Global Value Funds have outperformed market averages.[1] Also, as a shareholder, he was the first to publicly suspect Conrad Black's dubious lavish spending and embezzlement from Hollinger. Browne was often known as one of the best value investors ever.[1]

In 2006 he authored a book, The Little Book of Value Investing, in order to teach ordinary investors how to value invest.[3]

Philanthropy

Browne donated $25 million to establish several endowed professorships at the University of Pennsylvania, where he was a trustee, including the professorships held by Amy Gutmann and Rogers Smith.[2] Upon his death, Christopher Browne was survived by his partner, Andrew S. Gordon, who then died on September 7, 2013.[4]

gollark: I blame oapalajfolosolaioolfoosospdoflfos.
gollark: I'm increasingly wondering who is now sending the `>` messages.
gollark: Maybe the solution is Macron as a Service?
gollark: Well, yes, you wouldn't actually get buyers ever.
gollark: Specifically your product. Because your product is Macron, or the idea of it.

References

  1. Zweig, Jason (16 December 2009). "A Career Spent Finding Value". Wall Street Journal.
  2. McDonald, Jared (15 December 2009). "U. Trustee Browne died at 62". Daily Pennsylvanian. Archived from the original on 21 December 2009. Retrieved 18 March 2010.
  3. "Wiley: The Little Book of Value Investing". Wiley. Retrieved 18 March 2010.
  4. "In Memoriam Christopher H. Browne: 1946-2009". Penn Arts & Sciences Magazine (Fall/Winter 2009): 32.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.