MPI Research Corner

Bruce Berkowitz’s fund has gotten a lot of media attention lately. Investors point to significant financial sector exposure and investments in AIG, BofA, Citi and St. Joe stock in particular as a drag on the fund’s 2011 results. While admitting on the conference call that the fund’s performance this year was “horrible” and the health [...]

We continue to follow Fairholme Fund after posting a detailed attribution analysis of the fund on our blog early in the year.

In the January 3rd 2009 article “Mutual Fund Fought Off Bears but Now Is Clawed” The Wall Street Journal reporter Eleanor Laise attempts to find an explanation of the Fairholme fund’s subpar performance in the last quarter of 2008. She interviews fund manager Bruce Berkowitz as well as industry experts, analyses fund holdings, and looks [...]