This is the initial part...I don't subscribe. Note -- says Citi is very attractive now
After the Apocalypse Bruce Berkowitz, Founder, Fairholme Capital Management By LAWRENCE C. STRAUSS | MORE ARTICLES BY AUTHOR(S) AN INTERVIEW WITH BRUCE BERKOWITZ: Why the Fairholme founder finds AIG, Bank of America and Citi very attractive now.
BRUCE BERKOWITZ, THE FOUNDER OF FAIRHOLME CAPITAL Management and president of the Fairholme Fund (ticker: FAIRX), has a very straightforward investing approach. He looks for undervalued companies -- preferably ones that throw off a lot of cash -- and he runs a concentrated portfolio.
His philosophy, which is supported by a lot of in-house fundamental research, has led to very strong investment performance. As of March 24, the fund's 10-year annual return of 14.29% bested the Standard & Poor's 500 by a whopping 15 percentage points, placing it at the very top of Morningstar's large-cap blend category. In January, Morningstar ...