OUR HISTORY
Bill Ruane and Rick Cunniff launched the Fund in 1970 in the belief that they could outperform the stock market by investing in great businesses selling at reasonable prices and staying with them as long as they remained attractive. By doing exhaustive primary research, ignoring fads and sticking to their principles, we built up an enviable track record. Sequoia Fund remains a concentrated, long-only equity fund that invests primarily in domestic mid- and large-capitalization companies.