Fairholme counts the cash
Article Abstract:
Good business and strong management is assessed by the firm's ability to generate and build up reserves of cash, or 'count the cash'. Fairholme Fund manager discusses about the role played by cash in determining a good business. He claims that cash is not only an indication of the soundness of a business, but it also provides management the flexibility and opportunity to pursue future growth.
Publication Name: Morningstar FundInvestor
Subject: Personal finance
ISSN: 1099-0402
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Bill Nygren stays focused
Article Abstract:
Bill Nygren, a disciplined stockpiler, runs Bookmark's low profile portfolio founded in 1996, the Oakmark Select. The main aim of the company was to move to the top by portfolio concentration under the risks involved in the portfolio Nygren holds and taking care of the risks very carefully with a main aim to focus on the various assets of funds top holdings with minimum risk factor.
Publication Name: Morningstar FundInvestor
Subject: Personal finance
ISSN: 1099-0402
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Some bounce left in the banks. Jury out on NSW tax cut
- Abstracts: AMP's recovery just the start. Beware strategy reversals. A year of struggle looms
- Abstracts: Breaking the banking. Banking on yield. Few sure bets in art market
- Abstracts: Harbor International Growth. Five funds for 2006. Good stewards make good investments
- Abstracts: Which funds don't make the grade? A look at those that received low Fiduciary Grades. Rating Vanguard, Fidelity, and American