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[www.fairholmefunds.com]
Bruce Berkowitz: We prefer to back up the truck with a few financially attractive businesses
Bruce Berkowitz focuses his investments. He wrote:“Fairholme concentrates investments, believing that good ideas are rare and that “. . . being prepared on a few occasions in a lifetime, to act promptly in scale in doing some simple and logical things will often dramatically improve the financial results of that lifetime.” Given the Fund’s investment objective, we prefer to back up the truck with a few financially attractive businesses run by exceptional owner/managers.” The only he cares is value: “Fairholme is not prejudiced by whether a company is growing or shrinking, or whether it is large or small…”
[www.fairholmefunds.com]
[www.fairholmefunds.com]
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