Watsa is a horrible trader. I'd sell this.
Yes the billionaire is a horrible trader.
He predicted the 1987 US crash and made a killing shorting the market.
He predicted the 1990 Japanese crash and made another killing there.
He predicted the 2008 US housing crash and shorted the builders.
He bought a good chunk of The Brick in 2009 at 40 cents and sold it at 40 dollars.
http://www.torontolife.com/features/2-billion-man/
Don't follow his lead towards big profits.