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  1. I just saw this from Scotiabank on Monday and think it's a good summary of the thesis these days.
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  2. Actually, I'll add some merchandise (baseball cap and shirts) with the logo and name in the shop section, and the web address on the back. If you want to buy it and wear it to the AGM, go ahead. Maybe we'll be like the Yellow BRK'ers at the Berkshire AGM with the big yellow cowboy hat! It will also let you connect with other COBF'ers at the AGM or elsewhere. Cheers!
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  3. First bought FFH at $498/share in 1998 when you sold yours as I must have bought yours and the rest is in the clip, enjoy 2024-04-11 Fairfax AGM Q&A.mp4
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  4. I first bought FFH in 1993-94 at about $40 and sold at about $400 around 1998. Got back in around 2002 at about $165 and still own most of those shares.
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  5. Bought for first time today, hope the party is still in its early days.
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  6. Almost 11 years, [voted 11 - 20 years here], [FFH.TO] bought the first shares in April 2013, added again in October 2016 [, an add, which pretty much turned out to be a mistake, that now has been autocorrected by the company]. I have considered several times to give up on it during the lean years and to move on. Today, a pretty happy camper here, but non-core position [In the ~3 per cent bunch]. Thank you to Lars [ @Viking ], @Dazel , @Crip1 and all the others contributing massively to the FFH classroom on the school here called CofB&F.
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  7. I first bought shares in Fairfax back in 2003. Since then I have been an active trader of the shares. I was largely out of the shares from around 2012 to 2018 (as I did not like what they were doing with their investment portfolio at the time). I started buying shares again in 2019 but sold everything (all my stock holdings) in early 2020 when it was clear to me that Covid was going to be a massive problem. I bought Fairfax stock again in October 2020, and backed up the truck in November when we got new a vaccine had been approved for Covid. I have had a pretty concentrated position in Fairfax since late 2020. This the longest I have ever continuously held a stock (let alone a concentrated position).
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  8. I first bought in 2004 @ 175 Cdn after the 4 hurricanes in Florida. I thought the bad news was already discounted in the prices. The stock went down further to 106 or so, I bought again. I have made subsequent purchases since then.
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  9. Francis used to be a VP at Fairfax and sat on the investment committee. At that time, Fairfax had put some money into Francis' funds and Francis decided that it would be a conflict of interest to stay on while managing money separately for Fairfax. I think the same issue would come up if Francis sat on the board. If at some time, he no longer manages any money for Fairfax, as he is independently wealthy, maybe they will ask him to join. Regardless, he's still there as an advisor or sounding board to Prem whenever Prem needs him, and I would suspect any future board without Prem would feel the same way, especially since Prem's children are on the board now. Cheers!
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  10. Just emailed you, thank you so much and very thoughtful of you.
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  11. First shares purchased in 2007 @ $217. Still have them.
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  12. Francis is probably the nicest person you will ever meet. Believe it or not, he's quite shy, quiet and introverted, but opens up whenever people start talking to him about investments. He has the utmost respect for Prem and is incredibly humble...I think he would be the perfect Berkshire manager, not unlike Peter Cundill, who Buffett touted once as the type of investment manager he could see at Berkshire before hiring the two T's. Francis bought shares of Fairfax at $3 when it first started and he's never sold a single share. Cheers!
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  13. mananainvesting https://www.choufunds.com/pdf/Letters of the Manager Since 1998.pdf I read these at least once a year. I always find something new. Another source that might interest you is an interview he did in Robin Speziale's book, (this link isn't the really good stuff). https://robinrspeziale.com/2017/03/02/my-interview-with-francis-chou/
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  14. Lots of annual and quarterly letters on page one of this thread
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  15. FFH bought 1% back Dec 31, 2024 ($564,186,805.95)
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  16. This is going to sound horrible, but I think the California fire situation is about to drive premiums, including reinsurance up quite a bit. The property loss must be immense, and even if insurance losses are not that big, it might still enforce underwriting discipline.
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  17. Even better adjusted for the dividend. Return in 2024: +53% in USD +66% in CAD Congrats to all! A huge shoutout and thank you to @Viking, @SafetyinNumbers, and all others who so generously share and discuss Fairfax here. And to @Parsad especially for making it all possible.
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  18. Closed the year at exactly $2000!
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  19. Crum & Forster sold their Credit Insurance business to Amynta. There is no mention of the sell price but this is not the first time selling an asset to Amynta. Brit sold Ambridge Group last year to Amynta for $400m. https://www.prnewswire.com/news-releases/amynta-group-acquires-credit-insurance-business-of-crum--forster-302338932.html https://www.fairfax.ca/press-releases/amynta-group-acquires-ambridge-group-from-brit-a-subsidiary-of-fairfax-2023-01-09/
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