Warren Buffett has inspired generations of value investors, and one 53-year-old, market-beating mutual fund has his legacy all over it.
For almost three decades, starting in 1979, the fund was run by another acolyte of value, Jean-Marie Eveillard.
Since 1979, First Eagle Global has returned more than 12% annually, even including the 5% load fee charged on the first $25,000 invested.
The fund employs three main elements when it comes to security selection within the universe of global value, Brooker said.
When we're not able to find things that make sense to us, that meet our underwriting criteria, we'll wait in cash," Brooker said.