Fairholme Capital, led by Bruce Berkowitz, runs a pretty focused portfolio and I found their most recent filing very interesting:
Berkowitz’s two largest new positions were big stakes in Boeing (BA) and Northrop Grumman (NOC), the win-win US tanker contract trade, if you will. I have both on my watchlist and keep in mind that Berkowitz [...]
Welcome to the November 17th, 2008 edition of the Festival of Stocks, hosted this week by the Enlightened American site. Below, you’ll find a selection of posts covering a wide array of topics in investing and personal finance. You can find more information on the Festival of Stocks here.
For new visitors, my blog focuses mostly [...]
In their 13F-HR filing for Q2 2008, Bruce Berkowitz and his cohorts at the Fairholme Fund continue their shift from energy into healthcare:
Now that the portfolio page is updated, I can mention that I sold Johnson & Johnson (JNJ) earlier this month (check the portfolio page for details). We made a small gain on it but mostly it was a portfolio allocation and strategy issue.
My girlfriend actually made the call to sell (I do all of [...]
