Quote Corner
If you can buy more of your best idea, why put [the money] into your 10th-best idea or your 20th-best idea? The more positions you have, the more average you are.
– Bruce Berkowitz (Fairholme Fund, Barron’s 3/17/08)
If you can buy more of your best idea, why put [the money] into your 10th-best idea or your 20th-best idea? The more positions you have, the more average you are.
– Bruce Berkowitz (Fairholme Fund, Barron’s 3/17/08)