Posted by alexg

The
2008 semi-annual report has been released by Fairholme. There is no better way to describe the champion fund than by their tagline “ignore the crowd”. As Wall St. drove oil stocks to sky high prices,  Fairholme decides to invest in beaten up stocks in beaten up sectors such as pharma and housing.
If you enjoyed [...]

Posted by alexg

Very few industries have been beaten down like the Health Care industry. The DJ Health Care Providers Index is
down 21% in the past 6 months and
down 15% in the past 3 months. There are various reasons the health care industry has sold off, but I think this is a classic example of an [...]