As you may know, on Wednesday, David Einhorn made the announcement to the public that he's shorting St. Joe.
At the recent Value Investing Conference, which was attended by over 500 people and covered by dozens of media outlets, Einhorn gave an emphatic 139-page presentation on why he's shorting St. Joe, a real estate development company.
Einhorn had apparently emailed Fairholme Capital Management's Bruce Berkowitz, a mutual fund manager who's a loud fan of and investor in St. Joe, before he gave his presentation to ask if Berkowitz would debate him about the stock.
Berkowitz apparently never responded - until yesterday, when he told Einhorn what he thinks in a new filing with the SEC.
And today, Berkowitz told Reuters, "I'd buy the whole company if I could."
Read the rest of the article here: http://www.businessinsider.com/bruce-berkowitz-einhorns-shorting-it-i-would-buy-the-entire-company-if-i-could-2010-10#ixzz12Rw1ueu6
Disclosure: None
http://www.valuewalk.com/
http://twitter.com/#!/valuewalk
At the recent Value Investing Conference, which was attended by over 500 people and covered by dozens of media outlets, Einhorn gave an emphatic 139-page presentation on why he's shorting St. Joe, a real estate development company.
Einhorn had apparently emailed Fairholme Capital Management's Bruce Berkowitz, a mutual fund manager who's a loud fan of and investor in St. Joe, before he gave his presentation to ask if Berkowitz would debate him about the stock.
Berkowitz apparently never responded - until yesterday, when he told Einhorn what he thinks in a new filing with the SEC.
And today, Berkowitz told Reuters, "I'd buy the whole company if I could."
Read the rest of the article here: http://www.businessinsider.com/bruce-berkowitz-einhorns-shorting-it-i-would-buy-the-entire-company-if-i-could-2010-10#ixzz12Rw1ueu6
Disclosure: None
http://www.valuewalk.com/
http://twitter.com/#!/valuewalk
