MarketThoughts.com Home Page
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups  StatisticsStatistics   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Fairholme

 
Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Mutual Funds, Hedge Funds and ETFs
View previous topic :: View next topic  
Author Fairholme
HenryTo
Site Admin
Site Admin


Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
PostPosted: Fri Dec 05, 2008 2:01 pm    Post subject: Fairholme Reply with quote
Morningstar's take on Fairholme's most recent manager change:

http://quicktake.morningstar.com/fundnet/MorningstarAnalysis.aspx?Symbol=FAIRX
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Mutual Funds, Hedge Funds and ETFs
Author Fairholme Replies
rffrydr
Moderator
Moderator


Joined: 30 Oct 2005
Posts: 16932
Location: Sunny California
PostPosted: Sun Mar 13, 2011 7:18 am    Post subject: Reply with quote
Interview with Berkowitz.

http://www.nytimes.com/2011/03/13/business/13coffee.html?_r=1&hp

This all seem far too "New York" for my tastes: Disneyland fantasia for overworked, cold Manhattan financiers. I'd rather own Costa Rica as a distressed asset.
_________________
Today is the Tomorrow you worried about Yesterday!
Back to top
View user's profile Send private message
HenryTo
Site Admin
Site Admin


Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
PostPosted: Sat Mar 12, 2011 5:32 pm    Post subject: Reply with quote
Discussion of Fairholme's stake in St. Joe, as well as their "outsourcing" research model:

http://www.morningstar.com/Cover/videoCenter.aspx?id=373370
Back to top
View user's profile Send private message Send e-mail Visit poster's website
HenryTo
Site Admin
Site Admin


Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
PostPosted: Mon Feb 02, 2009 8:29 pm    Post subject: Reply with quote
Fairholme's 2008 annual report:

http://www.fairholmefunds.com/2008ar.pdf

Quote:
Today, portfolio companies generate free cash of more than 12% of year-end market values versus U.S. Treasuries’ naught to 3%. We are bullish on America.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
HenryTo
Site Admin
Site Admin


Joined: 06 Aug 2004
Posts: 11735
Location: Los Angeles, California
PostPosted: Sun Jan 04, 2009 11:45 am    Post subject: Reply with quote
WSJ's recent take on the Fairholme Fund and its manager, Bruce Berkowitz:

http://online.wsj.com/article/SB123093608827350081.html?mod=testMod

Quote:
Back in October, it looked as if Bruce Berkowitz had made all the right moves, beating a well-timed retreat from energy stocks and avoiding land mines in the financial sector.

Now, though, some investors are wondering if the lead manager of Fairholme Fund suddenly has lost his touch.

After outperforming a badly listing market by losing just a few percentage points in each of the first three quarters of 2008, the $6.7 billion mutual fund dropped 24% in the last three months of the year, lagging behind the Standard & Poor's 500-stock index by two percentage points.
Back to top
View user's profile Send private message Send e-mail Visit poster's website

Please log in to view without the ad banners
Display posts from previous:   
Post new topic   Reply to topic    MarketThoughts.com Forum Index -> Mutual Funds, Hedge Funds and ETFs All times are GMT - 6 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


|Mega Blocks|White Corner Desks| Powered by phpBB