Markets

Fairholme’s Bruce Berkowitz Dumps His Entire Stake In Citigroup

[credit provider=”youtube.com” url=”http://www.youtube.com/watch?v=o8Peyy2WcCM”] Fairholme Capital Management’s Bruce Berkowitz — who has been betting heavily on the financials during last couple of years — has dumped his entire stakes in Citigroup and China Pacific Insurance, Bloomberg TV’s Dominic Chu reported. The famed money manager, who had ~5.2 million shares in Citi and […]
Fairholme’s Bruce Berkowitz Dumps His Entire Stake In Citigroup
Markets

Here’s Bruce Berkowitz Massive Presentation Making A Bull Case On Bank Of America

[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=o8Peyy2WcCM”] Fairholme Capital Management’s Bruce Berkowtiz still likes Bank of America even though the stock hammered his fund’s returns in 2011.The fund manager recently released a so-called “case study” on the Charlotte, North Carolina-based bank as to why it’s a good investment. [via ValueWalk]
Here’s Bruce Berkowitz Massive Presentation Making A Bull Case On Bank Of America
Markets

Berkowitz Still Betting On Bank Of America

[credit provider=”BloombergTV screenshot”] Fairholme Capital Management’s Bruce Berkowitz told Bloomberg TV’s Dominic Chu that he still really likes Bank of America even though the stock crushed his fund last year.”In the banking, I feel most comfortable with Bank of America.  I like what Brian Moynihan is doing.  I like the […]
Berkowitz Still Betting On Bank Of America
Markets

Here’s Bruce Berkowtiz’s Big Bullish Presentation On Bank of America

[credit provider=”youtube.com” url=”http://www.youtube.com/watch?v=o8Peyy2WcCM”] Fairholme Capital’s Bruce Berkowitz has been hit with a massive wave of redemptions and losses from his bullish bets on financials.The fund’s total AUM has declined to under $10 billion from $23 billion, Jacob Wolinsky from ValueWalk reported.
Here’s Bruce Berkowtiz’s Big Bullish Presentation On Bank of America
Markets

Here’s What You Need To Know About Brian Moynihan’s Huge Hedge Fund Call Today

[credit provider=”Brown Daily Herald” url=”http://www.browndailyherald.com/bank-ceo-moynihan-81-started-on-rugby-field-1.2146334″] Brian Moynihan’s plans to appear on a conference call Wednesday with Fairholme Capital and Bruce Berkowitz are being called “unusual” and “eyebrow-raising.”All the more reason to listen in. UPDATE: Here’s what happened on the call.
Here’s What You Need To Know About Brian Moynihan’s Huge Hedge Fund Call Today
Markets

Bruce Berkowitz And Fairholme Fund’s Alpha

Bruce Berkowitz launched Fairholme in 1999. It earned him the title of “Stock Manager of the Decade” from Morningstar and is now a $19 Billion mutual fund. Berkowitz’s Fairholme Fund managed to return 1.02% per month since September 2000. This compounds to an average annual return of 12.9% for the past […]