New Presentation On Value Investing From Bruce Berkowitz
Value investing is hard for a private investor who can wait years for value to be realized. For a fund manager like Bruce Berkowitz it must be one hundred times harder. While Berkowitz can wait for value to be realized, his fund investors may not be quite so patient. And that has been the case as despite an outstanding long term track record, Berkowitz has seen billions of dollars exit his fund as a result of his recent short term underperformance.
Bruce has a new presentation (below) detailing the value investing process:
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Bruce Berkowitz (Updated on 05/21/2013)