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The Broyhill Letter (Q4 2010)

Christopher Pavese January 26, 2011 Portfolio Strategy
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This quarter’s Broyhill Letter is an excerpt from the market commentary recently published in our year-end letter to investors. 

The Broyhill Letter (Q4-10)



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We are a boutique investment firm, established as a family office and guided by a disciplined value orientation. Located in the foothills of the Blue Ridge Mountains, we operate outside of the fray and invest with a rational, objective, long-term perspective.
The Broyhill Letter
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