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Broyhill Annual Letter
Broyhill Annual Letter

We are pleased to share our annual letter to investors. Click here or on the image below, for an analysis of performance and portfolio...

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February 16, 2022
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Broyhill Mid-Year Letter
Broyhill Mid-Year Letter

We are pleased to share our mid-year letter to investors.  In this letter, we’ll review our performance through the first half of the year,...

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August 18, 2021
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Broyhill 2020 Annual Letter
Broyhill 2020 Annual Letter

We are pleased to share our annual letter to investors. Click here or on the image below for an update on portfolio activity, an...

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February 23, 2021
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Broyhill Mid-Year Letter
Broyhill Mid-Year Letter

We are pleased to share our mid-year letter to investors.  Click here or on the image below for an update on portfolio activity through...

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August 20, 2020
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Broyhill 2019 Annual Letter

We are pleased to share our 2019 year-end letter to investors. Click here or on the image below for an update on portfolio performance,...

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February 18, 2020
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Broyhill 2019 Mid-Year Letter

We are pleased to share our 2019 mid-year letter to investors.  Click here or on the image below for an update on portfolio performance,...

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August 26, 2019
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Broyhill 2018 Annual Letter

We are pleased to share our 2018 annual letter to investors. It would have gone out sooner, but we pushed it aside as...

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February 28, 2019
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Late Cycle Behavior
Late Cycle Behavior

In case you missed it, now may be a good time to revisit, the value in boredom relative to the allurement of excitement.  A...

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November 21, 2018
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Grant’s: Better at a Discount
Grant's: Better at a Discount

We have been "paid-up subscribers" to Grant's Interest Rate Observer ever since we heard Baupost Group's Seth Klarman recommend that young investors read...

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September 18, 2018
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Buffett’s Lucky Bet

Pilotless planes will routinely fly passengers by 2030. Machine intelligence will have passed the "Turing Test" by 2029. These are two examples of Long Bets sited in...

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March 3, 2017
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About Broyhill
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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