Fairholme’s 2011 Results Show the Risk of Concentrated Positions in Hard to Value Businesses
The performance of the Fairholme Fund (FAIRX) and manager Bruce Berkowitz and his comments in his annual letter have been...
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Latest GDP Data Shows Gov’t Still Keeping Economy Stuck in Neutral
The latest preliminary 2011 Q4 GDP data shows that once again the governments decision to reduce the spending is suppressing...
Continue ReadingDoD Budget Cuts are Austerity by another Name
When you hear the word austerity you typically think of the measures being taken in Europe, the UK, and Australia....
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