(GuruFocus, January 6, 2010) GuruFocus is invited to submit questions for an interview with Bruce Berkowitz, Founder and Manager of Fairholme Fund (FAIRX). Because of the popularity that Mr. Berkowitz enjoys among our users, we would like to open the opportunity.
Recently, You have voted Mr. Berkowitz as the Investment Guru of 2009 and we are not alone. Morningstar also granted his the title of “Domestic Equity Manager of 2009.”
Through the end of November 2009, Fairholme Fund returned an annualized 41.48, 1.49, 7.71, and 12.99% for the past 1, 3, 5, and since inception (12/29/1999). S&P 500 in the same and respective time period returned 25.39, -5.79,, 0.71, -1.11% on average each year. Mr. Berkowitz made more than 230% for his investors during the decade and S&P 500 lost money.
We have written a detailed article on how Mr. Berkowitz invests. The key factors of his success can be summarized at the following:
You can ask your questions by commenting on this announcement. Please hurry as the deadline to submit the questions is at 9:00AM EST on Friday, January 8, 2010.
Recently, You have voted Mr. Berkowitz as the Investment Guru of 2009 and we are not alone. Morningstar also granted his the title of “Domestic Equity Manager of 2009.”
Through the end of November 2009, Fairholme Fund returned an annualized 41.48, 1.49, 7.71, and 12.99% for the past 1, 3, 5, and since inception (12/29/1999). S&P 500 in the same and respective time period returned 25.39, -5.79,, 0.71, -1.11% on average each year. Mr. Berkowitz made more than 230% for his investors during the decade and S&P 500 lost money.
We have written a detailed article on how Mr. Berkowitz invests. The key factors of his success can be summarized at the following:
- Concentrate the Bets on the Best Ideas
- Focus on Free Cash Flow
- Invest with Capable Owner Oriented Managers
- Buying on One-time event
- Borrow Ideas from the Best
- Willing to Hold cash
You can ask your questions by commenting on this announcement. Please hurry as the deadline to submit the questions is at 9:00AM EST on Friday, January 8, 2010.
