Christopher H. Browne, former managing director of the mutual fund company Tweedy Browne and legendary value investor, died Sunday from a heart attack, the company announced on its Web site. He was 62.
Mr. Browne stepped down in July from his duties as director, after two years of health complications, to become a senior adviser to the firm.
Mr. Browne graduated from the University of Pennsylvania in 1969 and joined Tweedy Browne, where his father also worked. He became partner in 1974, and would spend his forty-year career at the firm, which in the 1960s helped Warren Buffett take control of a New England textile company known as Berkshire Hathaway.
With a large stake in Hollinger International, he would lead a shareholder campaign against Conrad Black’s executive perks that ultimately landed Mr. Black in prison for fraud.
Mr. Browne was widely known for his twice yearly newsletter, and the author of The Little Book of Value Investing in 2006.