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

Morningstar Investment Conference: Using Annuities In A Portfolio For Added Stability

portfolioOver the past decade, annuities have fallen out of favor with investors. These retirement products became popular in the US during the Great Depression when potential retirees were looking for a secure income stream that would be unaffected by stock market volatility. Q2 2020 hedge fund letters, conferences and more If you’re looking for value Read More