Bruce Berkowitz on Sears

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Aug 25, 2006
Sears Holdings, which is 4.53% of the Fund’s net assets, has also become significant because of Eddie Lampert, an unusual investment talent with a fabulous paper trail. While Fairholme is agnostic about the future of Sears’ retailing success, we believe Lampert will continue to redeploy the company’s extensive assets to our benefit.