The Fairholme manager recently spoke to our analysts about his intentions for St. Joe, the fund's distinctive research-outsourcing model, and the new Allocation Fund.
Fairholme analyst Kevin McDevitt puts the fund's recent underperformance into context for investors.
As Bruce Berkowitz intensifies his bet on the financials sector, risk-averse investors may want to steer clear, say Morningstar’s Ryan Leggio and Kevin McDevitt.
In Part 1 of a Morningstar Conference interview with Don Phillips, the Fairholme manager discusses the fund's contrarian philosophy, operations, and size.
According to the Miami firm, the funds are closing in oder to prevent inflows from new investors from diluting the proportionate interests of existing fund shareholders.
Berkowitz is raising money for a partnership that takes minimum investments of $1 million.
Morningstar readers share how they're approaching this beleaguered offering.
©2012 Morningstar Advisor. All right reserved.