Martin J. Whitman
Martin J. Whitman was a renowned value investor and fund manager.
He co-founded Third Avenue Management and served as its portfolio manager for over 20 years, achieving impressive returns.
Whitman's investment philosophy focused on investing like a control investor, conducting thorough bottom-up research, and emphasizing balance sheet net asset value growth over quarterly earnings.
He advocated for identifying financially strong companies with honest management and acquiring stocks at a significant discount to NAV. Whitman's approach challenged traditional value investing methods and opened new avenues in the field.
His expertise and insights were widely respected in the investment community, and he continued to share his knowledge through his writings and fund management until his retirement.