gaf63

Our representatives are playing the 2012 election fiddle, while our country heads for a financial firestorm Bill Gross makes a strong comment today http://www.washingtonpost.com/opinions/warning-to-washington-dont-mess-with-the-debt-ceiling/2011/07/12/gIQA5Q4ADI_story.html

Up 26% across all accounts, cash account which holds FFH is up 7.6%, holding 25% cash

Original purchase was around$ 3.70 -3.80.

I sent an email request on May 26, and received this response today: Thank you very much for your interest in Fairfax and our 25th anniversary book. The book was provided at the shareholders’ meeting as a thanks for the many years of support and was intended to be distributed to shareholders only on that day. Understanding that not all of our shareholders can attend every meeting in person for many reasons, we have decided to send copies of the book to shareholders who send us a written letter by regular post. The letter should clearly provide your name, mailing address and the year you became a shareholder. Our mailing address is: Fairfax Financial Holdings Limited 95 Wellington Street West, Suite 800, TORONTO, Ontario Canada M5J 2N7 Attention: 25th Anniversary Book. In lieu of requesting funds to cover postage for delivery of the book, we will be asking that the recipient of each book make a donation to the Hospital for Sick Children in Toronto (http://www.sickkidsfoundation.com/donate/). We thank you again for your interest and we look forward to seeing you in person at our next annual meeting. In the future, we hope to be able to continue provide interesting information and access to management at each of our shareholders’ meetings to make the trip in person worth your time and effort. Best regards, Christine

Thanks for the recommendation, just put in my order

Thanks for posting Mark's memo, just ordered his book, and am looking forward to it

Thanks for posting the email, ECCO. Hopefully they have some copies left, Gary

To add to your list, Jeremy Grantham , and along with Grant , Hoisington and Richard Koo Thanks for the links

Jeremy Grantham is out with his quarterly letter https://www.gmo.com/America/CMSAttachmentDownload.aspx?target=JUBRxi51IIAe5P7U5%2b3qm46t2gG%2fk55ov8IJMuWPga1MRtVq0sM2fEy5Gj39QVF%2fMhA2bDP6FsiDcDRvIW8dw8fOstwZDK7uUY6wodcI7bM%3d

smo001, thanks for the bond site, Anyone Is the interest on bonds subject to the same Canadian 15% withholding tax as dividends for foreign holders?? TIA, Gary

rkbabang, sorry for the comment, was unnecessary and thoughtless on my account

Rkbabang, your thoughts on Jim Grant tell me much more about you than him. You should read what he has said over the years instead of making derogatory assumptions.

I agree that real estate is now a great investment, one can find great deals in my area, if I were younger and were willing to deal with tenants I'd be buying, however I have been there and done that, never again!

Nope , the northern part of the Monterey bay area, outside of Aptos And yes there are a lot of homes for sale, 2 near me have on the market for over 2 yrs

5 at moment, FFH, SSW, PDS, LVLT, UBSH

Found the board after buying into FFH, It has been enlightening and instructive Thank you , and Congratulations

Yes , big time Mostly use their articles to pump the stocks they own while knocking down others in the same sector PDS is a prime example, 2 negatively biased articles using margins and acct. rec as examples w/o looking at whole picture and then in small letters at bottom "OH YEH , BY THE WAY, I OWN TRANSOCEAN" Generic bs

I have been wondering if trades thru Scottrade are executed as efficiently as other brokers. Had a trade at limit the other day for 2000 shs. of a thinly stock, market maker sold me 50 shs at end of day Today, had an order for 1950 in between bid and ask , but it was an all or none trade, the shares were not shown in the bid side and were never traded even tho trades happened at my limit and lower. Is this the consequence of an all or none trade , or can it have to do with Scottrade practices, have wondered about Scottrade's order routing for a while TIA, Gary

https://www.gmo.com/America/CMSAttachmentDownload.aspx?target=JUBRxi51IICH9wllS7nFzsyw0hD%2bX6YC7gOtZs629uzBKrUZscTcnpEpju6bBGVwH1efwbvi5jAWi0oRFMFCB1URG%2f%2fs7lxXpopfc5q44%2b8IbwPCd34hSw%3d%3d

Mr. Grantham compares the USA today from the perspective of Eisenhower's thoughts in his departure speech in 1961. https://www.gmo.com/America/CMSAttachmentDownload.aspx?target=JUBRxi51IIBwzoI6YKQgTLoib8dpaui7Tg1RHy4epEryuRS5nSSmKLj%2f9Ko%2bvDBfNqbodA6E%2b%2bVu3OJDCfs2mMYiXxhzEnSc8LcK%2bRMjFJY%3d You may have to register (free) to access article

This just came across DJ news(follow the thread but dont own any FBK) FIBREK WILL RECEIVE 236,226 SHARES OF ABITIBIBOWATER INC. 21 minutes ago - CNW CNW Group TSX : FBK www.fibrek.com Fibrek Inc. (TSX: FBK), a leading producer and marketer of high-quality virgin and recycled kraft pulp, today announced that Fibrek General Partnership ("Fibrek GP"), its wholly-owned subsidiary, will receive 236,226 common shares (the "ABH Shares") of AbitibiBowater Inc. ("Abitibi") in connection with the initial distribution of ABH Shares pursuant to the procedures undertaken by Abitibi under the Companies' Creditors Arrangement Act. As an unsecured creditor of Abitibi-Consolidated Company of Canada ("ACCC"), a subsidiary of Abitibi, Fibrek GP filed a claim in the amount of $45 million (the "Claim") as compensation for the repudiation by ACCC, on May 21, 2009, of the woodchip supply contract then in effect between ACCC and Fibrek GP. Pursuant to the plan of reorganization and compromise of Abitibi, a total of 20,498,391 ABH Shares will be issued to ACCC's unsecured creditors, of which 18,165,317 have been issued in connection with the initial distribution and 2,333,074 have been reserved for the benefit of holders of disputed claims and could be distributed subsequently to unsecured creditors in accordance with the terms of the plan of reorganization. The distribution of ABH Shares to Fibrek GP will be treated as a non-recurring item in the consolidated statements of earnings of Fibrek Inc.

Thanks, definitely faster here in Calif.

Good article from Rig Zone on NG supply and pricing , which backs up your thoughts Myth http://www.rigzone.com/news/article.asp?a_id=101621 And all the drilling for oily liquids ng is still bringing on a lot of ng supply CHK is just starting to move into liq production, SD is up to 28- 30 K boepd but needs to sell acreage to meet capex Am looking at drillers that can play both sides and can expand to meet demand

Sanjeev, thanks for the site, much easier than using NASDAQ info on share holdings, plus easier to read