Founded in 1930 and headquartered in San Francisco, Dodge & Cox is a privately owned investment management firm known for its disciplined, long-term, value-oriented investment philosophy. The firm's business is centered on managing a select lineup of mutual funds across stock, international, and fixed-income categories, as well as providing separate account management for institutional clients worldwide. Their investment process is characterized by a team-based approach, in-depth proprietary research, and a focus on achieving favorable long-term results for their clients.