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Morningstar Hot Topics:
Einhorn and Berkowitz Clash Over St. Joe
Bruce Berkowitz and David Einhorn , two of the most successful value investors, are in a spat over one of Berkowitz’s portfolio holdings, St. Joe Company (JOE). Berkowitz, who runs Fairholme Fund (FAIRX) and Fairholme Focused Income Fund (FOCIX), has delivered a 10-year annualized return of 10%. Ei…
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