In this episode, we share excerpts from a panel on International Value Investing that Southeastern co-hosted with Evermore Global Advisors in Omaha around the Berkshire Hathaway annual meeting. Moderated by Greg Dowling from Fund Evaluation Group, Southeastern's Josh Shores and Evermore's David Marcus discuss their definition of "value", the importance of engaging with management and having a local network and the bottom-up opportunity set outside the U.S. today.

Vice-Chairman Staley Cates interviews Prem Watsa, Chairman and CEO of Fairfax Financial Holdings. They discuss surviving a short attack, Fairfax's long-term investment track record, underwriting history and unique culture, and Prem's view on private equity, active vs. passive and value investing.

Southeastern's leaders from three generations discuss succession planning and remaining engaged at the firm.

Josh Shores and John Woodman discuss the opportunity for our management team to unlock what we feel is hidden value in European conglomerates.

Our Global Investment Team discusses the case for active, long-term value investing in a short-term, momentum-driven environment.

Our Global Investment Team discusses tariffs and how a potential trade war may impact our portfolios.

Our Global Investment Team discusses the evolution of the media and telecom industries.

Conversations with the Global Investment Team at Southeastern Asset Management, leaders in long-term, concentrated, engaged, value investing since 1975.