Fairholme Capital Management

Overview

Established in 1997, Fairholme Capital Management is a registered investment adviser based in Miami, Florida. The firm provides investment management services to a diverse clientele, including high net worth individuals, pensions, profit-sharing plans, trusts, estates, charitable organizations, and corporations through its Managed Account Program. Fairholme Capital also manages private funds intended for accredited investors and qualified purchasers. The firm's investment approach focuses on capital preservation and long-term value creation, emphasizing a concentrated portfolio of equity and fixed-income securities. Fairholme Capital's investment philosophy is centered on identifying undervalued opportunities and maintaining a long-term investment horizon. The firm has a history of significant investments in companies such as AIG, Bank of America, Sears Holdings, and The St. Joe Company. As of 2016, Fairholme Capital managed approximately $4.5 billion in assets. The firm's Chief Investment Officer, Bruce R. Berkowitz, has been recognized for his investment acumen, including being named Morningstar's Domestic-Stock Fund Manager of the Decade in 2010. Under his leadership, Fairholme Capital has developed a reputation for its value-oriented, long-term investment strategies, focusing on concentrated positions in companies with strong fundamentals and potential for substantial appreciation.