Fannie Mae-No Politics (FNMA)

[Freddie bagholder]

Fairlholme sold more than 50% of its JPS holding in around 2018-2019 period when they were trading at 10 year highs.
remaining i think they sold out this year.

Had it not been for this false optimism spread by the likes of Skateboard, i would have sold a bunch too.
I remember looking at the Fairholme statements trying to figure out how much they sold and why.