Bruce Berkowitz, was named Morningstar's domestic-equity-fund manager of the decade, and was recently interviewed on CNBC to discuss his fund’s holdings. In this interview he made it obvious that he believes that now is the opportune time to be investing in the Florida panhandle. What better way to do so than to own a piece of a real estate giant such as St. JOE?  According to past interviews, the Fairholme fund owns almost 30% of ST. JOE (NYSE:JOE). I wonder how confident these fund managers are about the potential growth in the panhandles real estate sector?