Browne Company LLC / Porsche / Japan Tobacco / Chofu Seisakusho / Cargotec Corp / Volkswagen / Global Value Fund / Great American Financial Resources / Sika AG / SK Telecom / Leucadia National Corp / Pfizer Inc. / Browne Global Value Fund / American Express / Axel Springer AG / ABN Amro / New York Stock Exchange / Diageo PLC / Lloyds TSB Group PLC / Freddie Mac / S&P / Citizens Communications / Gallaher Group / Market Value Securities Equities / Bank of America Corp / Popular Inc. / ALLOCATION OF INVESTMENTS / Wal Mart Stores Inc / Akzo Nobel / Nestle SA / Tweedy / Imperial Tobacco / Unifirst Corp / Transatlantic Holdings / Morningstar Fund / TKH Group NV / Heineken NV / Imtech / Unilever PLC / Commonwealth Telephone / Unilever NV / Sanofi-Aventis SA / Mediaset Spa / Heineken Holding NV / Wells Fargo / Morningstar Inc. / Altadis SA / Novartis AG / ABN Amro Holding NV / Federated Investors Inc. / Barclays PLC / American Express Co / BROWNE FUND INC. / Browne Value Fund / Kone Corporation / Comcast Corporation / PNC Financial / Home Depot Inc / TWENTY LARGEST HOLDINGS / Torchmark Corp. / HSBC Holdings / MBIA / Takefuji / /
Continent
Europe / /
Country
Switzerland / Netherlands / France / Japan / Canada / United Kingdom / Finland / Croatia / Belgium / United States / Czech Republic / /
Currency
USD / /
Event
M&A / Company Expansion / /
IndustryTerm
television broadcaster / wireless communications / food / bank / telecommunications / beverage / /
MarketIndex
S&P 500 / EAFE / Russell / MSCI EAFE / Russell 1000 Value / Russell 3000 / Dow 30 / /
Organization
Browne Global Value Fund US / Chinese government / /
Person
Robert Q. Wyckoff / Jr. / John D. Spears Thomas / Russell Mid-Cap / Christopher H. Browne William / William H. Browne John / Thomas H. Shrager Robert / / /
Position
generally considered representative of U.S. large capitalization stocks / representative / generally considered representative of U.S. small capitalization stocks / /
Microsoft Word - Global Value-Value Fund Commentary 1q 2007.doc