Bruce Berkowitz’s Fairholme Fund ‘Stays the Course’

Bruce Berkowitz’s Fairholme Fund recently released a document entitled, “Fairholme Stays the Course.” The document, which has a tag line that reads, “Ignore the crowd,”  goes into detail describing the Fairholme Fund’s investment philosophy and explains the reasoning behind some of its unpopular investments, particularly its investment in Bank of America (BAC), which is used as an example in the document. It goes on to detail the Fairholme Fund’s performance in comparison to the S&P 500, its investment thesis and provide a case study as to why it likes Bank of America.

Read the complete, “Fairholme Stays the Course,” here.