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 What Can Short-Term Returns Tell Investors? James Comtois For Members Only While Everybody Chases AI, Glenview’s Health Care Stocks Drive Best Results in a Decade Stephen Taub The Infrastructure Behind the AI Era: Why Data Centers Are Becoming a Critical Investment Opportunity Sponsored by Principal Asset Management