6 Nov 2017

The Fault in our Stars

In 2014, one of the breakout movies of the year was The Fault in Our Stars, a romantic drama based on a book written in 2012.  I didn’t see the movie or read the book, but I did notice the box office receipts of $307 million compared to the production budget of $12 million – now that’s a solid return on investment! I also liked the sound of the title,… Read More

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20 Mar 2017

A Fund Struggles and I Can’t Look Away

There are a fair number of reasonably well known investors that I keep my eye on even though I know that we won’t ever invest in their funds.  One of the most fascinating investors in my opinion is Bruce Berkowitz, manager of the Fairholme Fund (ticker: FAIRX). Berkowitz caught my attention at an investment conference bank shortly after the 2008 financial crisis because he had a booth that was swarmed… Read More

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