Bruce Berkowitz waited until financial-services stocks had more than doubled from their March 2009 lows before buying stakes now valued at more than $3 billion. The manager of the $16.5 billion Fairholme Fund said his bet wasn’t placed too late.
The fund manager of the decade said he’s moving beyond mutual funds.
"We remain steadfast in our belief that-- at a minimum- shareholders are due just compensation."
- Bruce Berkowitz on Nov 14, 2014