Sunday, April 21, 2019 4:05:04 PM
Now we know Berko owns COMMON Big Time!
Berkowitz’s flagship Fairholme Fund (FAIRX) has generated significant alpha since its December 1999 inception: through Q3 2018, the fund returned at an annualized rate of 8.71% compared to 5.77% for S&P 500 index. FAIRX has, however, underperformed over the most recent 10-year period. Of the $1.1B AUM, Cash and Equivalents are at ~43%, St. Joe's stock at 30.6%, and Fannie/Freddie Pfds at 12.3%. The other funds under Fairholme umbrella are Fairholme Focused Income Fund (FOCIX) and Fairholme Allocation Fund (FAAFX). Large equity holdings that are not in the 13F report include Fannie Mae (OTCQB:FNMA) pfds (OTCQB:FNMAS), Freddie Mac (OTCQB:FMCC) pfds (OTCQB:FMCKJ), Imperial Metals (OTCPK:IPMLF), and International Wire Group (OTCPK:ITWG).
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM