Fairholme Continues to Find Values in Financials
A look at the fund's largest positions and notable new stakes, including Morgan Stanley.
The latest portfolio of Bruce Berkowitz's Fairholme Fund (FAIRX) indicates the successful value investor is still finding values in the financial sector. Fairholme is up 7.9% year-to-date through July 28, defying the direction of the U.S. stock market, which is at a slight loss for the year.
Ryan Leggio has a position in the following securities mentioned above: FAIRX. Find out about Morningstar’s editorial policies.