Reason One Why You Don't Need A Money Manager

Because they are no better at it than you!  Look at Bruce Berkowitz.  I remember hearing how great he was, now look at his portfolio....Got whacked!  You can do better yourself...Here is the key have a small number of names in your portfolio and watch them closely...You bought them for a story or some micro or macro purpose...until those change do not get sidetracked...Stick to the plan!



http://www.bespokeinvest.com/thinkbig/2011/12/27/the-dirty-dozen-fairholme-funds-12-largest-holdings.html