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Ghost

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Everything posted by Ghost

  1. 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.
  2. 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. .
  3. I am most likely missing the obvious, where would one find call options on FFH?
  4. Thanks Sanjeev...I believe that would be game, set, match...
  5. 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.
  6. MW main write up is over inflating BV due to accounting gimmicks.
  7. Oh and a really good Sanjeev rant.
  8. I would be curious to here what Viking has to say on the MW report
  9. RIP Charlie “The big money is not in the buying or selling, but in the waiting.” - Munger
  10. 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)
  11. 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?
  12. 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 $10 per common share dividend paid in the first quarter of 2022). https://www.fairfax.ca/news/press-releases/press-release-details/2023/Fairfax-Financial-Holdings-Limited-Financial-Results-for-the-Year-Ended-December-31-2022/default.aspx
  13. wow...look at this go. Interesting to watch.
  14. Look at this one go. Past 145$ this am.
  15. Not that I understand technical analysis, but it seems all the markers for today point higher.
  16. Past 110. tough being on the short-side of this. https://www.bloomberg.com/news/articles/2018-09-12/you-couldn-t-short-high-flying-tilray-even-if-you-wanted-to
  17. Looks like another chance, to make a move.
  18. http://www.bloomberg.com/news/2014-11-13/berkshire-to-buy-duracell-from-p-g-for-6-4-billion-cash-stock.html
  19. Enjoyed the video, thanks for posting
  20. http://www.thepostgame.com/blog/spread-sheet/201409/warren-buffett-nebraska-cornhuskers-football Lucky guys who spotted him in Vegas.
  21. Sanjeev now that you are the CEO, when should we start looking for employment opportunities? Internships? :o (Avoid anyone named Monica)
  22. We can see the Sanjeev effect.... up 66% already :o
  23. Duncan hood editor-in-Chief of MoneySense magazine described it best for our situation in Canada. http://www.moneysense.ca/columns/did-i-just-make-a-big-mistake-by-buying-a-house It really comes down to is the original poster buying a house or a home?
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