Bruce Berkowitz on Managing Risk and Reward Clients come first, and Fairholme Capital's Berkowitz is the largest client in everything his firm does. The result has been great risk-adjusted returns for both him and his clients. Related Articles The World’s Largest Pensions Are Hiring for an AI Future as They See Record Asset Growth James Comtois Overseas Stocks Drive Double-Digit Returns for State Plans Like Louisiana and New York James Comtois Evaluating an Agent Lending Provider Sponsored by Fidelity Investments