Ruane, Cunniff & Goldfarb

Founded in 1970 by William J. Ruane and Richard T. Cunniff, Ruane, Cunniff & Goldfarb is an investment firm with a disciplined, long-term, value-oriented investment philosophy inspired by Benjamin Graham. The firm is renowned for managing the Sequoia Fund, a concentrated equity mutual fund established in the same year, and also provides investment management services for separate private accounts for institutions and high-net-worth individuals. Their mission is to compound clients' capital over the long term by investing in a concentrated portfolio of high-quality businesses purchased at what they believe are attractive prices.