Bruce Berkowitz

Bruce Berkowitz

Fairholme (FAIRX) Portfolio

Bruce Berkowitz is the founder of Fairholme Capital Management and the portfolio manager of Fairholme Funds. In 2010, Berkowitz was awarded "Domestic-Stock Fund Manager of the Decade" by Morningstar.

From 2000 to 2010, the Fairholme Fund (FAIRX) outperformed the S&P 500 by a wide margin -- but in 2011 -- investments in Sears Holdings, St. Joe Corporation and AIG have weighed on the fund's performance.

Berkowitz is considered to be one of the preeminent value-investors of today, penning a chapter of commentary for the 2008 re-release of Benjamin Graham and David Dodd's value investing tome, Security Analysis -- but has received some criticism for his praise of U.S. government bailouts of insolvent financial institutions.

Bruce Berkowitz | Fairholme Links

Bruce Berkowitz News

The Fairholme Fund, The Fairholme Focused Income Fund, and The Fairholme Allocation Fund filed their Annual Reports with the United States Securities and Exchange Commission ("SEC").
1/30/15 6:41PM
Billionaire hedge fund manager requests Fannie Mae act like a private company - Fannie Mae quickly rebuffs letter, re-affirms their focus on orders from US governmentFairholme Capital Management on Mo...
3/4/14 11:40AM
Too many shareholders dumped equities and missed the rally.
11/1/13 11:16AM
The Fairholme Fund, The Fairholme Focused Income Fund, and The Fairholme Allocation Fund will file their Semi-Annual Reports with the United States Securities and Exchange Commission (“SEC”).
8/1/13 6:36PM
The Fairholme Fund (NASDAQ: FAIRX) – a long-term, value-oriented mutual fund with over 170,000 shareholders – announced that it is filing suits this week in both the United States Court of Federal Claims and the ...
7/9/13 4:36PM
A draft bipartisan Senate bill would dissolve Fannie Mae and Freddie Mac, while giving consideration to all classes of shareholders.
6/4/13 10:23AM
Junior preferred shares of the GSEs could quadruple when dividends are restored, but the common shares could reward investors even more.
6/4/13 8:17AM
Shares of government sponsored enterprises were very strong for a second straight session, with gains of at least 20% on the day.
6/3/13 4:41PM