Berkowitz Sees Volatility As An Opportunity
Read the full article at: http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-23726934.htm
Submitted by SilverSlime on Thu, 2008-03-13 01:37.
(via money.cnn.com)
"Volatility equates to opportunity and not risk," said Bruce Berkowitz, one of the fund's FAIRX three managers. "Risk is the chance for a permanent loss. This is the kind of environment that Warren Buffett has been patiently awaiting for many years."
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