Leithner & Company Pty Ltd


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Leithner & Company Pty Ltd (Australian Financial Services Licence 259094) is a private investment company based in Brisbane, Australia. It caters primarily to professional and sophisticated investors as defined in sections 708(8) and 708(11) of the Corporations Act. Unlike virtually all other Australian investment vehicles, it levies no management fees. For summary information about the company, including a summary of its results since inception in 1999, click here.

Leithner & Co. adheres strictly to the traditional “value” approach to investment pioneered by Benjamin Graham and adapted by his colleagues Warren Buffett, Thomas Knapp and Walter Schloss. Its motto is its method: to undertake investment operations that are based upon thorough research; to provide reasonable safety of principal and offer an adequate return; and to inform its shareholders regularly, fully and in plain language about these investment operations. It strives to remain a low-cost, low-risk and reasonable-and-steady-return investment vehicle.

Readers of The Leithner Letter: current and archived issues have moved to a new site. To access them, click here.