Berkowitz Remains Bullish On Sears Holdings
He makes some compelling statements regarding investing in Fannie and Freddie. Maybe we need to check those out considering some our investments match his. Instead of American Int'l Group (AIG), we chose to invest in Hartford Financial (HIG) and Lincoln Financial (LNC) to obtain exposure to insurers trading under book value. After all, investing in stocks trading below the long-term value is a core position of Stone Fox Capital.
Disclosure: Long HIG, LNC, and SHLD. Please review the disclaimer page for more details.