Bruce Berkowitz, founder and chief investment officer of Fairholme Capital Management LLC, talks about the fund’s investment strategy and investment opportunities. Fairholme, speaking on a teleconference with investors, says Sears presents a once-in-a-lifetime opportunity because of its real estate.
We did the work for you – but for those who want to listen with their own ears – the audio is embedded below.
Bruce Berkowitz Calls Sears a Once-in-a-Lifetime Opportunity
After 13 years at the head of KG Funds, the firm's founder, Ike Kier, has decided to step down and return outside capital to investors. The firm manages around $613 million of assets across its funds and client accounts. According to a copy of the firm's latest investor update, Kier has decided to step down Read More