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December 1992 OID Interview with Berkowitz - where to find?


claphands22
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I am looking for the December 1992 OID Interview with Berkowitz where he discusses his WFC thesis.

 

If anyone could tell me where I could find it, or e-mail it to me at wallis.joshua@gmail.com . I would really appreciate it.

 

Thanks!

Go to Fairholmefunds.com

Click "Fairholme News"

Go to page 9

Click on the 1992 OID Article.

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Isn't AIG the perfect take-over candidate for Berkshire? He could likely get this thing for $50 or under book value and would generate at the same time a nice gain for the American taxpayers who is desperate to sell. It is an elephant with massive float which he could deploy better while cutting investment staffing and get his hands on a premier insurance company generating strong recurring revenues and earnings.

 

He has owned the shares before or until early 2000 (maybe it was Simpson who bought it, but he sure knows it). The only issue I see are concerns around monopolistic power.

 

Cardboard

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Isn't AIG the perfect take-over candidate for Berkshire? He could likely get this thing for $50 or under book value and would generate at the same time a nice gain for the American taxpayers who is desperate to sell. It is an elephant with massive float which he could deploy better while cutting investment staffing and get his hands on a premier insurance company generating strong recurring revenues and earnings.

 

He has owned the shares before or until early 2000 (maybe it was Simpson who bought it, but he sure knows it). The only issue I see are concerns around monopolistic power.

 

Cardboard

 

I'd think that AIG is deep in Warren's "Too Hard" Pile.

 

He could do a deal with them similar to the BAC deal, however.  I'd expect to see that in early to mid 2012.

 

Also I'm thinking that Warren is looking hard at MBIA and CIT but is keeping quiet...

 

 

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it does seem to me in the OID interviews bruce gave so much of facts and figures

 

as for recent bac etc interviews not much

 

 

 

Perhaps he knows that media and information is extremely pervasive now vs. 1992.

 

With that and the fact that his words can move prices now he is a lot...  more...  careful about what he says to the microphones and cameras.

 

Self preservation.

 

 

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also i think bruce's approach this time is different, he has spread his exposure to essential the entire financial system, owning bunch of financial institutions

 

in 1990's he was so confident about wells he put in 33% just in wells

 

i wish i can understand AIG, since he has 20%+ percent in it (including aia)

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on a side note - has anyone heard from OID recently? They have gone very quiet in recent years.

 

The last issue I received was over a year ago, if I remember correctly.  It mentioned something about death in the family of the publishers and the resulting delays.

 

I wasn't sure if my subscription expired.

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