Concentration is the key. If you believe in something, you should bet big on it.
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
The key to my success is buying into troubled companies.
-- Daniel S. Loeb
We invest in a small number of large-cap companies where we have a high degree of conviction.
-- Bill Ackman
I think the key to investing is having a strong stomach and being patient.
-- Bill Ackman
Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity.
-- Carl Icahn
Buy when there is blood in the streets, even if the blood is your own.
-- Nathan Mayer Rothschild
Competition is for losers.
-- Peter Thiel