Ruane, Cunniff & Goldfarb based in New York City is the investment firm founded in 1969 by William J. Ruane

William J. Ruane

William J. Ruane was a Wall Street investment manager and philanthropist....

 and Richard T. Cunniff. The firm manages its trademark Sequoia Fund, which has one of the best long-term performance records on Wall Street. The firm manages over $14 billion in assets.

Officers of Ruane, Cunniff & Goldfarb (partial list):

• Robert D. Goldfarb
  Robert Goldfarb
  Robert Goldfarb serves as President and CEO of Ruane, Cunniff & Goldfarb, the value investing firm founded in 1970 by William J. Ruane and Rick Cunniff. Goldfarb is a disciple of Warren Buffett, the CEO of Berkshire Hathaway. Mr. Goldfarb's firm currently manages over $14 billion in assets. A...
  
  , Chairman and CEO
• David M. Poppe, President and Director

Sequoia Fund

Ruane, Cunniff & Goldfarb is perhaps best known as the investment advisor and distributor of Sequoia Fund (SEQUX). From the fund's inception in 1970 through March 2008, its average annual total return has been 15.61%. The fund was closed to new investment from 1982 to April 30, 2008.

As of March 31, 2008, the fund's net assets were roughly $3.3 billion. The fund's largest holding is Berkshire Hathaway Inc

Berkshire Hathaway

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years,...

. Sequoia holds roughly $816 million in Berkshire Hathaway stock.

Officers of Sequoia Fund:

• Richard T. Cunniff, Vice Chairman
• Robert D. Goldfarb, President
• David M. Poppe, Executive Vice President (since January 31, 2003)
• Joseph Quinones, Jr., Vice President, Secretary, Treasurer & Chief Compliance Officer

Portfolio managers of Sequoia Fund:

• Robert D. Goldfarb (since June 30, 1998)
• David M. Poppe (since November 25, 2005)

Directors of Sequoia Fund:

• Vinod Ahooja
• Richard T. Cunniff
• Robert D. Goldfarb
• Roger Lowenstein
  Roger Lowenstein
  Roger Lowenstein is an American financial journalist and writer. He graduated from Cornell University and reported for the Wall Street Journal for more than a decade, including two years writing its Heard on the Street column, 1989 to 1991. Born in 1955, he is the son of Helen and Louis Lowenstein...
  
  
• Francis P. Matthews
• C. William Neuhauser
• Sharon Osberg
• David M. Poppe
• Robert L. Swiggett

External links

• Official web site of Sequoia Fund
• Bloomberg overview of Sequoia Fund
• Morningstar overview of Sequoia Fund
• Yahoo Finance overview of Sequoia Fund