Latticework Investor

Notes from the Value Investing Congress Twitter feed.

Bruce Berkowitz

• Everyone needs a Charlie – important concept (Munger)
• Wells Fargo was supposed to be down and out in the early 90’s. T-shirt: Buffett busters because they were short Wells Fargo
• Gigantic stake in Goldman Sachs.
• When things go bad, everything gets correlated. Only perfect hedge is in a Japanese garden.
• On AIG: GAO has terrific reports on the company.
• On GGP: I’m not raising my bid. I’m done. You can quote me on that.