You do realize RIM paid $200 million for QNX? They say you get what you pay for.
How on Earth would you expect a $200 million purchase to create $10 billion of value!!! A long thinks that the QNX acquisition is going to create 5000% return on investment?! Oh and that would be for Watsa to break even.
Hubris at its finest. He should be removed from Fairfax immediately. Reminds me of Brian Hunter and Natural Gas.
RIM at $3 is still over-valued. It would be a $1.5 billion company with accelerating losses not income!
Idiot the losses are noncash goodwill writedowns. Get spewing lies. Look at operating cash flow. POSITIVE. You obviously don't have a clue how to read any kind of financial statement. Typical lying short.