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AND NOW TWEEDY BROWNE BUYS TSCO

Renowned US value investing firm Tweedy Browne has just released its Q1 2012 report which is available on their website.

They note Tesco as one of their Q1 purchases. They describe it as trading at a "significant discount from our conservative estimate of intrinsic value and pays an attractive dividend while we wait for value recognition in the market".

Buffett plus Tweedy Browne? Mon dieu! There's gold here.

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