Bruce Berkowitz is founder of the Fairholme Fund (FAIRX) and has seen significant redemptions recently after a bad year due to overweighting in financials. In this interview with his fund, he answers investors’ questions and says he remains excited about his portfolio and being able to take advantage of the financial cycle. This year, he believes his contrarian investments will pay off, as they were improving in 2011 but the stock price did not reflect it. Specific stocks he discusses are AIG (AIG), Bank of America (BAC) and MBIA. The video can be found at Gurufocus