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 10 years. In 2010, Fairholme Fund returned 25.5%, beating the SPY by more than 10 percentage points. In fact, Berkowitz managed to beat the market every year except in 2003.
Hedge Fund - Fairholme (FAIRX)Get Email Alerts
Bruce Berkowitz Bio, Returns, AUM, Net Worth
|Fund Name:||Fairholme (FAIRX)|
|Change This QTR||+1.17%|
|No.||Security||Ticker||Shares||Value (x$1000)||Activity||% Port|