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Yeah, I'm not particularly upset over that...most of them had to go! But your argument is like being in prison and having to choose between which two penis' do you want to be penetrated with...frankly, neither! But I see you've chosen one! Cheers!

Right, we discussed this a few days ago. Seems like the answer is, indefinitely! Fairfax made about $2.4b in net earnings APART from investment gains last year (underwriting, interest income, share of earnings of associates), so it is at about 13 times earnings even without its investment gains (or 9 times earnings if you include the investment gains. On the thesis that they will never pick good equity investments or make any money from them except by luck, they're still cheap, half of Intact's multiple. And Fairfax's might occasionally make a gain on investment too...

I will put my money on BYD rather than TSLA though I dare not short TSLA, yet 8)