Berkowitz has taken a large position in the preferred shares of Fannie Mae (FNMA, Financial) and Freddie Mac.
He believes that the preferred shares are trading as though the companies are near death.
He thinks that is absolutely incorrect and expects to make a lot of money for his investors.
Listen to the video below as he explains his thinking:
Also check out:
He believes that the preferred shares are trading as though the companies are near death.
He thinks that is absolutely incorrect and expects to make a lot of money for his investors.
Listen to the video below as he explains his thinking:
Also check out: