Ghost

This situation that FFH is currently in (attack by short sellers) reminds me of the Gamestop saga, except of course FFH today is actually undervalued. As much as I love this board, perhaps we should all start posting on Reddit to help our friends at FFH and really stick it to MW.

I hate ask again...what options market for FFH? Last time I checked no public options exist. Buy the stock or short the stock...only "options" I see. .

I am most likely missing the obvious, where would one find call options on FFH?

Thanks Sanjeev...I believe that would be game, set, match...

Promises...promises.

I am a bit disappointed that the stock didn't fall some more. I already added to my positions, would love to add more at another 10% decline. One can dream.

MW main write up is over inflating BV due to accounting gimmicks.

Oh and a really good Sanjeev rant.

I would be curious to here what Viking has to say on the MW report

RIP Charlie “The big money is not in the buying or selling, but in the waiting.” - Munger

Thank you Viking for all the work you have done. Perhaps a very minor edit...adding USD on the worksheet "23 Earning Est". (but I believe most people here would know the figures are quoted in USD)

Thank you, that is a 2.2 billion change in accounting treatment. Does that imply in a large cat claim, the losses would be magnified with the new accounting methods?

Good day all, FFH press release on May 11th had a BV for Dec 31 2022 of $762. FFH press release on Feb 16 2023 had a BV for Dec 31 2022 of $657. Does anybody have a clear indication why the increase of roughly a $100? May 11 2023 Book value per basic share at March 31, 2023 was $803.49 compared to $762.28 at December 31, 2022 (an increase of 6.8% adjusted for the $10 per common share dividend paid in the first quarter of 2023). https://www.fairfax.ca/news/press-releases/press-release-details/2023/Fairfax-Financial-Holdings-Limited-Financial-Results-for-the-First-Quarter/default.aspx Feb 16 2023 Book value per basic share at December 31, 2022 was $657.68 compared to $630.60 at December 31, 2021 (an increase of 6.0% adjusted for the $10 per common share dividend paid in the first quarter of 2022). https://www.fairfax.ca/news/press-releases/press-release-details/2023/Fairfax-Financial-Holdings-Limited-Financial-Results-for-the-Year-Ended-December-31-2022/default.aspx

Thanks

wow...look at this go. Interesting to watch.