Jump to content

Will Bruce Berkowitz Buyout AIG? (A New Berkshire on the Horizon?)


Recommended Posts



Fairholme Capital, which runs the popular Fairholme Fund (FAIRX), said Thursday it had increased its stake in American International Group (AIG).


The company already was the largest private shareholder in the insurance provider.


Fairholme now holds slightly less than 40 million shares worth $1.7 billion as of today’s closing price. The fund company’s holdings now represent about 29% of the stock that isn’t controlled by the government, according to a Dow Jones Newswires report.

Link to comment
Share on other sites



Nice tag line.  I believe Benjamin Franklin is also widely quoted as saying that compound interest "is the eight wonder of the world".  In his biography discussing his business, "after getting the first hundred Pound, it is more easy to get the second: Money itself being of a prolific nature".





Link to comment
Share on other sites

  • 3 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...