I want to own companies where, if the stock market shut down for ten years, I'd be happy holding them.
Investors
Bruce Berkowitz
An American equity fund manager and founder of Fairholme Capital Management. After building experience at Lehman Brothers and Smith Barney, he launched his own firm and achieved returns well above market benchmarks through concentrated bets on a handful of high-conviction stocks. Morningstar named him both 2009 Domestic Stock Fund Manager of the Year and Manager of the Decade — the practitioner who defined concentrated value investing.
View this figure's profile
Bruce Berkowitz's Other Quotes
Related Quotes
Our time horizon is five years. We are not focused on the next quarter.
-- Cathie Wood
Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.
-- Jack Ma
Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.
-- Peter Lynch
The key to making money in stocks is not to get scared out of them.
-- Peter Lynch
Being too far ahead of your time is indistinguishable from being wrong.
-- Howard Marks
Patience is bitter, but its fruit is sweet.
-- Hideyo Noguchi