A few months ago, my former editor dubbed Bruce Berkowitz the bizarro Warren Buffett. However you want to characterize him, this manager of the Motley Fool Champion Funds-recommended Fairholme Fund
Berkowitz is frequently interviewed and quoted by financial publications, so it's not accurate to say that he keeps a low profile. However, having skimmed through his firm's SEC filings, I can't find a single example of his having publicly scolded a portfolio company via a Schedule 13D filing.
Until yesterday, that is.
As a result of United Rentals'
You may recall that, along with SLM
Still, blocking a passive outside investor like Fairholme makes absolutely no sense. By stomping on shareholder rights in the name of, er, "shareholder rights," United Rentals is alienating its potentially largest ally in any hostile takeover attempt by a third party!
I know these are scary times, but seriously, United Rentals -- what are you thinking?
The Motley Fool Champion Funds team ran an interview with Bruce Berkowitz in its July issue. To read this, along with all of our other All-Star Q&A installments, give the service a spin free for 30 days.
Fool contributor Toby Shute doesn't have a position in any fund or company mentioned. Fairholme is a Motley Fool Champion Funds recommendation. Pfizer and UnitedHealth Group are both Motley Fool Inside Value selections. UnitedHealth is also a Stock Advisor pick, and Pfizer is also an Income Investor recommendation. The Motley Fool owns shares of UnitedHealth Group and Pfizer. The Motley Fool has a disclosure policy.
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