Aig, bac warrants - bruce berkowitz's thoughts we have just read bruce berkowitz's semi annual letter and was more than glad to see him discussing about the long-dated warrants that we have mentioned in previous posts. Another problematic investment for berkowitz was aig is bruce berkowitz’s second largest position and represents 182% of his thesis on the airline . Bruce berkowitz (trades, portfolio): the companies were directed by the fhfa, their regulator and conservator, and by treasury, also a major investor, for whatever reason to de-list their .
Bruce berkowitz still seems comfortable with fairholme fund (fairx)'s portfolio of 90% financials, as he made no new purchases in the first quarter, and only sold likely to meet redemptions this . Bruce berkowitz is the manager of the fairholme fund he took the post in 1999 and has since grown it to a multi-billion dollar mutual fund, even earning the distinction of morningstar’s . Stock screener - the acquirer's multiple® his thesis is in accordance with buffett and munger’s age old adage of keeping it simple bruce berkowitz bruce .
Bruce berkowitz's investment thesis on aig (slideshow presentation) bruce berkowitz of fairholme capital has put together a case study on his investment in american international group (aig) given that many investors love seeing analysis from prominent investors, we figured this was a useful resource for readers. Bruce berkowitz's biggest position in his flagship fairholme fund is aig (nys: aig) between shares of its common stock and warrants, aig makes up almost 40% of his fund his basic thesis,. Berkowitz said that former aig ceo hank greenberg was a serial acquirer of assets, and there is tremendous value still there he stated that aig is currently trading below book value and at a . Bruce berkowitz, in fairholme capital management 2016 public conference call, evaluates his investment in sears daniel schmerin: let’s move on, we received the most questions about sears how do you evaluate your investment in sears today bruce berkowitz: our thesis on sears cannot be disproven . Bruce berkowitz views fannie mae and freddie mac as the dual cornerstone of the american way of life, as they provide liquidity and stability to america’s housing finance system.
This presentation uses american international group as a case study to illustrate fairholme capital management’s investmentstrategy for the bruce r berkowitz . Did aig just lose its title as top hedge fund darling investing have increased their holdings with aig -- namely bruce berkowitz and seth in the investment thesis you've developed for aig. Bruce berkowitz’s thesis, who’s firm is betting big on aig, also doesn’t provide a lot of insight beyond the high-level view they assume that aig will be able to earn a 10% return on equity and simply is worth book value because of that. Bruce berkowitz and bill ackman spoke at the harbor investment conference yesterday and and kill their thesis berkowitz said that former aig ceo hank greenberg was a serial acquirer of .
In fairholme's case, the primary tenets of our original thesis are still intact, and we continue to be impressed with the quality of berkowitz's analysis of the holdings in the portfolio. This is the crux of berkowitz's thesis his top holdings are american international group inc ( aig ) which is 40 percent of his portfolio, sears holdings corp . Tagged banks, bruce berkowitz, derivatives, financials, money, poker lessons, pure time preference of interest rates, value investing resources who lost the most money concentrated positions in financials/fairholme. As usual bruce berkowitz and fairholme funds do an excellent job outlining the investment thesis for aig which is probably our number one idea right now at ttcm. Bruce berkowitz time is proving our thesis true fannie and freddie have already benefited from post-crisis reform and are returning to.
Is berkowitz the only aig bull one investor who did just that is bruce berkowitz, is that his investment thesis the hedge fund manager said. Bruce berkowitz details his thesis on bac, stocks: bac,aig,mbi,c,gs,ms, bruce berkowitz, fairholme focused income fund, release date:jul 26, 2011. Bruce berkowitz ( trades, portfolio): as we have written in all of our letters, we bought aig at substantial discount to tangible book value (tbv) we had a simple thesis that aig still had a .
Fortune — with aig stock cratering nearly 50% this year, all eyes have turned to investor bruce berkowitz, aig’s largest private shareholder the 52-year-old fund manager looked especially . Bruce berkowitz ( trades , portfolio ), staunch contrarian investor at the fairholme fund ( trades , portfolio ), engaged in unusually aggressive we had a simple thesis that aig still had a . Excellent in-depth study on bac and aig from bruce casestudy- bac casestudy- aig both companies are quite similar: trades at much less than book value. Bruce berkowitz's fairholme capital has filed a 13d on shares of american international group (nyse:aig) due to activity on september 16th, fairholme has disclosed a 244% ownership stake in aig .
Bruce berkowitz, founder and manager of fairholme capital management, a fund with over $8 billion in assets under management, has placed big bets on several out-of-favor names, including insurance . Bruce berkowitz of fairholme capital has put together a case study on his investment in american international group (aig) given that many investors love seeing analysis from prominent investors, we figured this was a useful resource for readers. Hedge fund attacks bruce berkowitz's top holding a key tenet to kerrisdale’s thesis on st joe centers on berkowitz’s role as st joe’s largest shareholder .