A reader just sent me an excel sheet of Fairholme’s latest holdings compared to last Q. I would suggest checking out an articles, which I posted about Bruce Berkowitz on this topic, Bruce Berkowitz: From Free Cash Flow To Distressed Financials Investor (sept 2011), and Bruce Berkowitz: Where Is The Free Cash Flow? (Aug 2010). I think the latest fillings confirm what I have been saying for the past year.
Today, Apple is the largest public company in the world, and the group’s iPhones can be found in stores all over the globe, but not long ago the company was a baby when the Apple IPO was filed in the 1970s. Not only is Apple the world’s most valuable company, but it’s also arguable that Read More