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Fairholme Fund

Firm Seeks To Buy Parts Of Fannie And Freddie

Reuters | Posted 01.23.2014 | Business

Nov 13 (Reuters) - Fairholme Capital Management has proposed to buy the insurance businesses of Fannie Mae and Freddie Mac, a move that seeks to res...

The Greater Fool Theory and Investing

Dan Solin | Posted 04.29.2012 | Business
Dan Solin

Many investors subscribe to this theory, but don't know they are engaging in it. In an ironic twist, they become the "greater fool," and are left holding the bag when the investment falls and they either can't find a buyer or they have to sell at a loss.