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Bruce Berkowitz Speaks with Bloomberg – There Is No Free Lunch
Posted by: CanadianValue (IP Logged)
Date: February 13, 2012 10:54AM

Berkowitz comments:

- Not concerned with the European situation.

- Can’t recall a time when there is so much focus on an issue and that issue actually turns into a catastrophe (in other words because it is so front and center actions are being taken to address the problem, unlike say the housing bubble which did not get attention until it blew up).

- More worried about the things that nobody is talking about.

- Believes investors will do well with all of the survivors of the financial crisis; that is what happened in prior cycles and will happen again.

- Berkowitz wants about 15 good positions to build around.

- You have to do the homework when it comes to investing; there is no free lunch.






Guru Discussed: Bruce Berkowitz: Current Portfolio, Stock Picks
Stocks Discussed: SPY, DJI, QQQ,
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Re Bruce Berkowitz Speaks with Bloomberg There Is No Free Lunch
Posted by: fareastwarriors (IP Logged)
Date: February 14, 2012 09:35AM


stay the course.



Guru Discussed: Bruce Berkowitz: Current Portfolio, Stock Picks
Stocks Discussed: SPY, DJI, QQQ,
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