Berkowitz Says Fannie-Freddie Legal Fight Could Take 10 Years

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Bruce Berkowitz, founder and chief investment officer of Fairholme Capital Management, explains his value-based, contrarian approach and the reasons he still owns shares of Sears, Fannie Mae, and Freddie Mac after several years of underperformance by his Fairholme Fund. He speaks with Erik Schatzker in New York. (Source: Bloomberg)

“From beginning to end, it could be a 10-year process,” Berkowitz, said Bruce Berkowitz to BBG. Full interview video embed below

Warren Buffett: If You Own A Good Business, Keep It

Berkshire Hathaway Warren BuffettBuying private businesses is easier than acquiring public firms, and investors should avoid selling good investments at all costs, according to the Oracle of Omaha, Warren Buffett. Q2 2020 hedge fund letters, conferences and more In an interview with CNBC in March 2013, Buffett was asked if he was looking at any businesses, in particular, Read More