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FAAFX Pops

edited January 2013 in Fund Discussions
On some positive MBIA news, its largest holding:

http://finance.yahoo.com/news/nyse-stocks-posting-largest-percentage-174225292.html

http://www.thestreet.com/story/11804771/1/bank-of-america-ordered-to-unseal-documents-in-mbia-case.html?puc=yahoo&cm_ven=YAHOO

And we're just about back to price at inception...here's performance plot from M*:

image

Hey, maybe 2013 will be the year for this younger, highly concentrated allocation fund FAAFX in the Fairholme house? I know, same thing happened last year, if I recall. But with Mr. Berkowitz, you've just got to believe!

Comments

  • I've got my fingers crossed right along with you Charles. He was obviously early into financials, but he's sticking with his picks and hopefully he/we win in the end.
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