According to Fairholme Fund's latest SEC filing, Bruce Berkowitz and his mutual fund has dumped its entire stake in CIT Group Inc. (NYSE:CIT). The stock is up over 12% in the past year, but has been...... (read more)

This just in, Bruce Berkowitz's Fairholme sold off 11,069,600 shares of MBIA Inc. (NYSE:MBI) in a 13G filing with the SEC. Altogether, the fund's position in MBIA is now worth close to $330.6 million...... (read more)

During the 15+ years that he's been running the Fairholme Fund, money manager Bruce Berkowitz has been recognized as an accomplished investor, including Morningstar's stock-fund manager of the decade...... (read more)

The Dow is on the rebound today after the ISM Non-Manufacturing index signaled economic expansion. At the halfway point of the trading day, the Dow Jones Industrial Average was up 105 points, or 0.75%,...... (read more)

Successful money managers face a dilemma. When they have small amounts of money to invest, it's easier to find opportunities that let them earn outsize returns. Yet once those high performance figures...... (read more)

Bruce Berkowitz’s Fairholme Fund had a terrible 2011, finishing the year down 32%. However, this decline was led by a fall in the share price at American International Group, Inc. (NYSE:AIG); with that...... (read more)

Mercury General:  MCY writes risk classifications for automobile insurance; the company’s biggest market is California. We view MCY as a turnaround story given a tough last few years. In December 2011...... (read more)

Bruce Berkowitz is truly one of the most unconventional stock pickers in the money management business. He bets billions in stocks that I couldn't dare to invest a couple thousand dollars. Today Berkowitz...... (read more)