alertmeipp

I was expecting this sell off in the market. But to my surprise, Fairfax didn't do much better than some other stocks that moved up 100% in last few weeks. What a disappointment. The good news is I am a buyer today.

I've been taking profit in the last couple weeks. :( FFH is one of the few common stocks I consider cheap at today's place.

SFK trading down to 33 cents due to ABH contract cancellation. the SFK convertible bond are trading at 47 cents on a dollar - providing close to 15% yield...and higher yield if you hold it thru maturity. I bought some bond at 40's...

:) I was checking on Fairfax's equity holdings. They are all doing really well. Love it!

I am going to treat FFH and ORH as mutual fund.. buy a bit each month of each.

Good stuff, thanks.

I got more ORH than FFH. They are pretty much the same company with the same investment philosophy. ORH appears to be cheaper now based on book. But I figure FFH may move faster because Prem is getting his well-deserved attention these days... Thoughts?

OMG.. what a spike. Too bad I don't have much :)

Anyone still following it here? Why would DHL cut them such a deal?

The bridge loan is expensive but worst case it will turn into long term debt due in 6 years from end of 09.

How about Dr. Doom and Robouni reveals huge short position on financial stocks? :)

I am only talking about the format they use.. not the site itself.

Seriously, unless you are planning on buying index fund... don't make your investment decision based on S&P P/E. Does it make sense to look at a P/E of Walmart while investing in GE... no, right?

I like the investorvillage format a lot better. Thoughts?

>If GE lost that coveted rating, it could soon find itself out of compliance with some debt and be forced to refinance or pay back outstanding debts. Again, GE CEO says that's not the case, media just like report what the think rather than facts these days. GE has access to the CP program backed by Fed - many of its competitors don't. verify verify verify

seriously, when did this board turning into "where is the bottom" board. Looks this is "Berkshire and Fairfax" board and both Prem and Buffet said what they are seeing - values.

I agree WFC is cheap (and I got some at 20% above the current price). The confusing part is actual the US Gov. They seems can't make up their minds on the banking system. The coming mortgage cramdown thing for one is totally non-sense. Leave WFC/USB alone, I am confidence it will survive and prosper. But with the ever-changing gov intervene, I am not so sure. I would rather buy GE/AXP/MFC.

Selling way below embedded value. Gaining market share value around the globe. Risk: More reserve will be needed for their seg. fund as the equity market is down another 15% or so since end of 2008. But those are very very conservative on that. Looks like they will some sort of financing soon. I think it won't be common. Thoughts?

Okay. According to Buffet, we are supposed to greedy when others are fearful. Are you guys still waiting for the more fearful moment to come? Last Nov was pretty scary.

Any WFC holder here? Any thought on the continuous down drifting?

risky play IMO. They can go under easily if the demand does not pick up soon enough.

Anyone still following this one? UPS and DHL seems have hard time closing the deal, looks like UPS is dragging DHL's feet and steal their market shares. If they can't close it, DHL's alternative will either be totally out of US or back to ATSG. At 20 cents, anyone think it's worth the sweating to be in for a ride?