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Re: jimr1717 post# 1440

Wednesday, 10/18/2017 12:42:21 PM

Wednesday, October 18, 2017 12:42:21 PM

Post# of 37346
Yikes: "Berkowitz Liquidates Fund That Owned Sears Holdings Shares"

"Investor Bruce Berkowitz is shutting his hedge fund and distributing its holdings to investors, including a stake in Sears Holdings Corp."

"The investor’s $2.1 billion Fairholme Fund,... has lost 6.6 percent year-to-date. It has lagged 99 percent of rivals over five years, according to data compiled by Bloomberg."

https://www.bloomberg.com/news/articles/2017-10-16/berkowitz-liquidates-hedge-fund-that-owned-sears-holdings-shares?

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