Wed, Jul 30, 2014, 5:24 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Fairfax Financial Holdings Limited Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • draqu2000 draqu2000 Oct 7, 2005 11:22 AM Flag

    Katrina + Rita = $465 million

    I am so tired with FFH that I sold my FFH shares today. I understand Prema and his assocites are smart investors in some areas. But as human being, they are limited like anyone else. They can handle North Bridge, its majority owned Canadian insurance subsidiary well, but they may be not capable to handle US and European business. SEC investigation, surprising reimbursement, and hurricane this year as well as last year, lots of debt, etc., are too many trouble. Possible there are more. So far Prema is very smart in keeping things in control, ex just issuiing shares at reasonable price. However, if there is more trouble, can he continue to handle well?

    As we all know, a smart fund manager may manage $100 million portolio well, but he may not manage $1 bullian portfolio well. The same applies to Prema.

    The downside is huge whereas the upside is limited at this stage.

    The best wish to all longs.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
FRFHF
466.84-0.91(-0.19%)Jul 30 3:55 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.