Another absolutely fabulous interview with Fairholme Funds Bruce Berkowitz on Wealthtrack. If you want to be a successful investor listen to what he says, and apply it to your own investment philosophy. Patience, discipline, and conviction based on facts are the keys to seeing significant outperformance as an investor. I have a ton of respect for him and in this interview for the first time I saw some real frustration at the short-term nature of the investors that fled his fund after one bad year, and I don’t blame him. Mutual fund investors are never well served at chasing the “hot” funds, but instead process is much more important. Enjoy!
http://www.wealthtrack.com/video_player-05.html
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