Fairholme is closing 3 of its funds to new investors as of the end of February. It's not about...
Fairholme is closing 3 of its funds to new investors as of the end of February. It's not about heavy inflows; instead Bruce Berkowitz is fed up with outflows and prefers a smaller, core group of investors who understand his deep-value process. Berkowitz might also be having trouble finding investments, having narrowed his holdings to basically just AIG, SHLD, BAC, JOE, CIT, LUK, and MBIA (GGP was sold last night).
From other sites
at Benzinga.com (Feb 28, 2015)
at CNBC.com (Feb 27, 2015)
at Investor's Business Daily (Feb 24, 2015)
at CNBC.com (Jan 29, 2015)
at MarketWatch.com (Jan 14, 2015)
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