Fairholme's Bruce Berkowitz On Closing His Fund To New Investors & Talking Potential Future Vehicles

(via www.marketfolly.com)

Fairholme Capital's Bruce Berkowitz recently sat down with Bloomberg and talked about his concentrated approach and how a mutual fund might not be the ideal vehicle for his strategy.

He mentioned he would be closing his fund to new investors, saying:

"Less is more.  If more money came in...

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