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Bruce Berkowitz Discusses His Large Position in Freddie Mac and Fannie Mae
Posted by: Canadian Value (IP Logged)
Date: September 4, 2013 01:46PM
Berkowitz has taken a large position in the preferred shares of Fannie Mae (FNMA) and Freddie Mac.
He believes that the preferred shares are trading as though the companies are near death.
He thinks that is absolutely incorrect and expects to make a lot of money for his investors.
Listen to the video below as he explains his thinking:
Guru Discussed: Bruce Berkowitz: Current Portfolio, Stock Picks
Stocks Discussed: FNMA,