After a while of looking, reading, etc I recalled Bruce Berkowitz from Fairholme Fund (FAIRX). I think that Bruce is a bright guy, with the right way of thinking about risk, with the investing approach I like and a person who likes what he is doing. I have read quite a bit of what he said, and while I do not agree with everything, I agree with most of what he is saying.
He very substantially outperformed S&P 500 over the last 10 years, which is something that I do not consider to be a purely random phenomenon. He also outperformed my own returns. He likes to concentrate his holdings a lot more than a typical mutual fund, which is a correct approach to decision making. This way, first, decisions matter, and second, he can act on his best 15 ideas instead of best
100 ideas.I will read some more, but I think that I will move some IRA assets to his fund.
i