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Proposal to raise the minimum to $10,000     13-Oct-09 03:23 pm    
Taken from Fairholme Transcript, 30 Sept 2009.

On a separate note, we are proposing to
the fund board that the minimum new account size increase to $10,000, effective December first. Over the past ten years, the all-in costs no longer allow for accounts
below 10,000. Of course, we are also recommending that all current shareholders below the new minimum be grandfathered, as long as their accounts maintain the FAIRHOLME CAPITAL MANAGEMENT minimum agreed to, at the time of the account opening. And that's obviously adjusted for inflation. Excuse me. Adjusted for the performance.
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edwinclaudi...

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  Subject Author Rating Time of Post (ET)  
 
Proposal to raise the minimum to $10,000
edwinclaudi... Not rated 13-Oct-09 03:23 pm  
 
I have no problem with this. I think the 10k entr...
paleo78 Rate it 14-Oct-09 02:35 pm  
 
raise the minimum to 25k, if we want to be se...
jaschalip Rate it 15-Oct-09 01:06 pm  
 
Yep. I guess we shall see. But managers ...
iggybiggies Rate it 22-Oct-09 02:15 am  
 
it's official in the latest sec fil...
jaschalip Rate it 22-Oct-09 02:40 pm  
 
This fund has gotten quite large, maybe it's neces...
vestavius Rate it 15-Oct-09 05:31 pm  
 
I'm a small timer that just bought in May of ...
n84china Rate it 24-Oct-09 06:39 pm  
 
This is B.S. Why don't they close the fund and l...
kelliots Rate it 28-Oct-09 08:10 pm  
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