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St. Joe's Continues Higher (JOE)
Wednesday, December 22, 2010 - 12:05pm | 72Read More...The St. Joe Company (NYSE: JOE) has continued higher, since rumors came out last week that it was the potential target of an acquisition, by an unnamed company. Bruce Berkowitz of Faireholme Capital was recently added to the company's board. Berkowitz, through his fund, is the largest shareholder...
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The St. Joe Company Skyrocketing (JOE)
Wednesday, December 15, 2010 - 3:12pm | 155Read More...The St. Joe Company (NYSE: JOE) is jumping on heavy volume today, as the options are indicating some heavy action in the name. This name is of particular interest to traders as it is something of a "Clash of the Titans" matchup. At the Value Investing Congress during October, David Einhorn of...
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AIG Stands For Parabolic
Thursday, December 9, 2010 - 1:36pm | 170Read More...American International Group, Inc. (NYSE: AIG) is going nuts today, gaining more than 9% as of the time of this writing. This is due to its announcement last night after the bell that the company is repaying its credit line with the Federal Reserve, as a result of its sales of two of its foreign...
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Some Thoughts On Einhorn Vs. Berkowitz (JOE)
Friday, October 15, 2010 - 1:07pm | 416Read More...David Einhorn made probably what was the news of the week at the Value Investing Congress, as he laid out his plan why Greenlight Capital was short The St. Joe Company (NYSE: JOE). The reason this is so important is that it's being billed as a battle of hedge fund titans, Einhorn versus Bruce...
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St. Joe's Finally Up, But Will It Last? (JOE)
Friday, October 15, 2010 - 9:46am | 121Read More...Shares of The St. Joe Company (NYSE: JOE) are finally higher today, gaining 27 cents to $20.01 in what is shaping up to be a battle of the hedge fund titans. Bruce Berkowitz of Fairholme Capital essentially said that David Einhorn of Greenlight Capital is wrong in saying that JOE is worth $7-$10...
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Clash Of The Titans (JOE)
Thursday, October 14, 2010 - 9:35am | 118Read More...In what turn out to be a clash of the titans of the hedge fund world, Bruce Berkowitz of Fairholme Capital added to his stake in The St. Joe Company (NYSE: JOE), by buying 100,000 shares at $22.21. This came right after David Einhorn's presentation at the Value Investing Congress, in which Einhorn...
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Bruce Berkowitz Beating Wall Street & Taking Names (C, MBI, AIG, GGP)
Wednesday, August 4, 2010 - 1:19pm | 301Read More...Most mutual funds don't time the market. Then again, most mutual funds aren't Fairholme Fund, run by Bruce Berkowitz writes the Wall Street Journal. A typical mutual fund has many holdings, not much of its assets in cash and doesn't time the market. Berkowitz listens to none of these rules and...
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Bruce Berkowitz Adds Morgan Stanley To Fairholme Capital (MS)
Tuesday, August 3, 2010 - 3:34pm | 173Read More...Bruce Berkowitz has added a position in Morgan Stanley (NYSE: MS) to his Fairholme Capital fund according to Market Folly. The rest of the portfolio is broken down like this: 1. Sears Holdings (SHLD): 7.7% of the portfolio 2. AIG (AIG): 6.8% 3. Citigroup (C): 5.4% 4. Goldman Sachs (GS): 5.4% 5....
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MBIA Jumps Over 10% As Bruce Takes Stake
Tuesday, July 13, 2010 - 9:48am | 79Read More...Shares of MBIA Inc (NYSE: MBI) moved up about 10% today in early market trade after the news of top fund manager Bruce Berkowitz taking an 11% stake in the company hit the market. While MBI’s shares have lost 20.62% over the past three months, they have gained 14.62% over the past week. MBI was...
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Bruce Berkowitz Says Winthrop Realty (FUR) To Remain Strong
Friday, January 8, 2010 - 9:23am | 147Read More...Fairholme fund’s Bruce Berkowitz shared his picks for Year2010 with CNBC. Bruce Berkowitz had been chosen as the Domestic Fund Manager of the year by Morningstar (NASDAQ: MORN). Berkowitz expressed his bullish views about Winthrop Realty (NYSE: FUR). According to him, Winthrop Realty has a very...
