Magic Formula Investing

Bruce Berkiwitz Fairholme Buys Q1 2010

These are the trades for Bruce Berkowitz and his Fairholme Fund according to Gurufocus.com New Purchases: AIG, BAC, Added Positions: C, CMCSK, RF, RRR, Reduced Positions: BRK.B, DJCO, Sold Out: BMY, FRX, KO, MI, PFE, PWE, URI, WLP, WTM It’s obvious where the portfolio is heading, financials. It’s a classic Bruce Berkowitz portfolio move and [...]

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Bruce Berkowitz

As time goes on, most value investors will imitate someone else’s strategy and then work around that strategy to fit there needs. The obvious example is Warren Buffett, who is followed by thousands, if not millions of individuals around the globe. One a personal level, I originally started off as a strict low P/E guy. [...]

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