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Bruce Berkowitz Interview: Why He Closed His Funds

February 04, 2013 | About:
Bruce Berkowitz probably learned a lesson or two from the cash flood into and out of his funds in 2011. He now closes the funds to new investors.

Bruce Berkowitz discusses his reasons for not accepting cash from new investors and why he can accept having a bad year in 2011. He spoke with Bloomberg's Erik Schatzker at Columbia University.

I Don't Want New Cash

Berkowitz Says Now Is Not Time to Sell Financials


Rating: 4.5/5 (11 votes)

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