As usual Bruce Berkowitz and Fairholme Funds do an excellent job outlining the investment thesis for AIG which is probably our number one idea right now at TTCM.  Very few fund managers are as comfortable going against the grain as Berkowitz is, and I really admire that quality in addition to his phenomenal analysis. http://www.fairholmefunds.com/pdf/CaseStudyII.pdf...Read More

The substantial decline in real estate prices paired with increases in rental prices, have made buying a home cheaper in many cases than renting.  This is a huge factor in our investment thesis that real estate has hit the bottom.  With rates so low buying a house makes all of the sense in the world,...Read More