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.
When investors are looking for a hedge fund to invest their money with, they usually look at returns. Of course, the larger the positive return, the better, but what about during major market selloffs? It may be easy to discount a hedge fund's negative return when everyone else lost a lot of money. However, hedge 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.