THE FAIRHOLME FUNDS, INC. 2016 ANNUAL REPORT IS NOW AVAILABLE.
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Please click here to view the transcript from the Fairholme Capital Management November 2016 Public Conference Call.
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How does Fairholme stand apart?
We maintain that value inevitably attracts price. We swing big at our best ideas. Dips and downturns are our double espressos. If it's not ridiculously cheap it's not our cup of tea. And when the crowd stampedes left, we advance right -- with courage of conviction.
In short, we Ignore the crowd.