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).
Fairholme is closing 3 of its funds to new investors as of the end of February. It's not about...
From other sites
Video at CNBC.com (Feb 3, 2016)
Video at CNBC.com (Jan 25, 2016)
Video at CNBC.com (Dec 10, 2015)
Video at CNBC.com (Nov 23, 2015)
Video at CNBC.com (Nov 3, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs