As promised recently we are updating/cleaning the investor resource pages on a regular basis. Last week completed the renovation of Charles Royce and Mario Gabelli’s resource pages and this week we’ve just finished updating Bruce Berkowitz’s resource page.
Below is a partial excerpt from Berkowitz’s resource page followed by link to the full page, which can also be found under Value Investors tab above.
Crossroads Capital up 55.8% YTD after 32.5% in 2019 explains how it did it
Crossroads Capital is up 55.8% net for this year through the end of October. The fund released its 2019 annual letter this month after scrapping its previous 2019 letter in March due to the changes brought about by the pandemic. For 2019, the fund was up 32.5% net. Since inception in June 2016, Crossroads Capital Read More
Bruce Berkowitz: Investing philosophy
Bruce Berkowitz concentrates his investments in a relatively small number of companies. He thinks that the more diversified the portfolio, the more likely the performance will be average. He likes companies with great managers and deeply undervalued stocks. Benjamin Graham’s The Intelligent Investor serves as the inspiration for Berkowitz’s investment strategy. He focuses investments on companies that have exceptional management, that generate free cash, and that are cheaply priced. Berkowitz will also invest in mediocre companies that are trading at a significant discount relative to intrinsic value where there exists a catalyst – an event that makes it likely the gap between market price and intrinsic value will narrow in a reasonable amount of time.
Bruce Berkowitz’s resource page.