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Berkowitz Sees Volatility As An Opportunity

By SilverSlime on Thu, 2008-03-13 02:37
(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."