Interview with Bruce Berkowitz

[dcollon]

Some of you may have seen this already, but if not it's worth watching. 

 

http://tinyurl.com/yjye7u4

 

[BargainValueHunter]

Despite losing his team, Berkowitz is having a KILLER October

 

http://www.google.com/finance?q=fairx

 

Short term performance may mean nothing but it is interesting that (so far at least) selling at the point of maximum pessimism has proven to be the opposite of smart. (again)

[Parsad]

Despite losing his team, Berkowitz is having a KILLER October

 

http://www.google.com/finance?q=fairx

 

Short term performance may mean nothing but it is interesting that (so far at least) selling at the point of maximum pessimism has proven to be the opposite of smart. (again)

 

Usually how it works.  Investors do stupid things because of emotion and anchoring.  How many missed the boat again this time?  Cheers!

[Valuebo]

Despite losing his team, Berkowitz is having a KILLER October

 

http://www.google.com/finance?q=fairx

 

Short term performance may mean nothing but it is interesting that (so far at least) selling at the point of maximum pessimism has proven to be the opposite of smart. (again)

 

Usually how it works.  Investors do stupid things because of emotion and anchoring.  How many missed the boat again this time?  Cheers!

 

http://www.cornerofberkshireandfairfax.ca/forum/index.php?topic=5485" data-ipsquote-contentclass="forums_Topic" 59398#msg59398

 

A lot if you take this bunch as a sample.  And I bet retailer investors did even worse.

 

Eurstoxx50 up 27% from its low. That's how hard it has been going. Overseas investors that bought euros around the EURUSD low and bought Eurstoxx50 under 2000 points actually made over 30-35% in +- a month. Crazy.

[BargainValueHunter]

Old thread but perfect title to post this new Berkowitz interview announcement. No need for 100 "Bruce Berkowitz Interview" threads...

 

http://wealthtrack.com/promo_01/this-weekend-powerful-financials/

 

 

[BargainValueHunter]

http://www.valuewalk.com/2014/09/bruce-berkowitz-talks-fannie-freddie-aig-bac/

 

Excerpt quote from Berkowitz:

 

What I think we’ve done is absolutely have kept to our word as to how we were going to behave, and we showed that we stuck to our guns during extremely stressful times, and it’s proving to be correct and profitable, but the story isn’t finished yet. We’ll know in a few more years whether or not this was the correct strategy. I mean, we’re starting to come back very nicely, but our companies are still quite cheap, but every day people are figuring it out more and more, and we’re getting there. We’ll get there. If it was easy, everyone would do it.

[BargainValueHunter]

New interview featuring...a new haircut!!

 

(He looks a bit like Stephen Merchant now)

 

http://www.cnbc.com/2016/09/23/bruce-berkowitz-on-banks-fannie-mae-and-trump.html

[CorpRaider]

He took quite a haircut.  ;D

[ValueMaven]

He says he is a 'preferred' shareholder in Fannie and Freddie...who 'has a contract'

[Eye4Valu]

ValueMuff: What do you think preferred stock is? Just curious.

[valcont]

Berkowitz is fighting a losing battle. The whole business model of GSE's is flawed. Without an implicit(now explicit) guarantee from the government this company is toast. This is merely a stamping machine backed by the taxpayers money with a zero value add. No wonder these lawsuits are being thrown out of the court. The stock and preferred should go to zero, the correct valuation of this worthless garbage.

[Picasso]

He says he is a 'preferred' shareholder in Fannie and Freddie...who 'has a contract'

 

Oh we have a contract?

 

[Ballinvarosig Investors]

Is it time to stage an intervention for Berkowitz? Almost nothing of what he says these days has any basis in reality. It's crazy how someone who has been so insightful in the past has just lost their way so badly.

[CorpRaider]

You guys pay for CNBC pro? :o

[Guest notorious546]

i may come off as crazy but i just kept clicking assorted cnbc links with berkowitz and ending up finding one which just allowed me to watch the video for free.

 

http://video.cnbc.com/gallery/?video=3000553746

[Mephistopheles]

i may come off as crazy but i just kept clicking assorted cnbc links with berkowitz and ending up finding one which just allowed me to watch the video for free.

 

http://video.cnbc.com/gallery/?video=3000553746

 

That's not the full video though. I did find the entire interview on YouTube:

 

[adesigar]

i may come off as crazy but i just kept clicking assorted cnbc links with berkowitz and ending up finding one which just allowed me to watch the video for free.

 

http://video.cnbc.com/gallery/?video=3000553746

 

That's not the full video though. I did find the entire interview on YouTube:

 

 

Thanks