Bruce Berkowitz on Why he Likes $AIG


Bruce Berkowitz’s Fairholme fund, is up almost 30%, after a disastrous 2011. Berkowitz’s fund under-performed in 2011 due to large positions in financials. With financials rallying this year, the pendulum has swung in the opposite direction. Berkowitz is the largest of AIG after the US Government. Below he explains why he likes the stock:

Bruce Berkowitz AIG