Bruce Berkowitz Is Back!

After an extended period of poor performance, the legendary investor beat the market in 2019 with his flagship fund.

A St. Joe Company real estate project in Jacksonville, Florida. (Lori Moffett/Bloomberg)

A St. Joe Company real estate project in Jacksonville, Florida.

(Lori Moffett/Bloomberg)

Famed value investor Bruce Berkowitz has hit hard times over the past decade, with big bets on losers like Eddie Lampert’s Sears Holdings. In fact, over the past 10 years, his Fairholme Fund’s annualized return is only 4.89 percent – less than half of the S&P 500’s 13.56

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