It seems to me that
The market cap of FFH is now $2.7B
The market value of FFH's equity in ORH is $2B and in NB.TO it is $800M.
The rest is free :-)
Subsidiaries, cash, investments, ...
Am I missing something, or can this really be true ?
30 (per quarter) x 4 (q per year) x 10 (P/E) = 1200
again, crude&optimistic, but so far it seems that we could be on track to hit maybe $3,500 in 2016 as outlined in the previous post :-)
You are right, it is NOT over until it's over...that is true regardless of whether Fairfax is $90 or $180.
But you have not answered my question from before...what is your short thesis?
I think ya should just ignore Prems strategies and stick to the simple facts, if FFH goes up you lose if FFH goes down you win. In case you have not noticed you have not been winning a lot recently.