CONSENT OF INDEPENDENT ACCOUNTANTS


We herby consent to the incorporation by reference in this
Registration Statement on Form N-1A of our report dated January
22, 2003, relating to the financial statements and financial
highlights which appears in the December 31, 2002 Annual Report
to Shareholders of Sequoia Fund, Inc. which is also incorporated
by references to us under the headings "Financial Highlights",
"Custodian, Counsel and Independent Accountants" and "Financial
Statements and Report of Independent Accountants" in such
Registration Statement.



PricewaterhouseCoopers LLP

New York, New York
April 28, 2003