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've had our ups and downs but we are making considerable progress in the court of federal claims."
- Bruce Berkowitz on Feb 04, 2015