Haryana

Notwithstanding the incredulity and creditworthlessness of AI - https://www.theglobeandmail.com/investing/markets/stocks/FIH-U-T/pressreleases/25623367/25623367/ Fairfax India Holdings: Top 10 Undervalued Mid Cap Stocks on TSX (FIH-U) Globe Investor - AI-generated - The Globe and Mail - Sat Apr 20, 7:24PM CDT Fairfax India Holdings is now ranked among the top 10 mid cap stocks on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company

In this video, 7.5 years ago, she concluded with: [So no matter where you are in the world, whatever country you may belong to, whether you are a young boy or a girl in a primary school or a college, you must know that sooner or later you will have to have something to do with India and it is inevitable because India is fast establishing itself as a Top 3 Economy of the world and its true potential is even bigger than that. So its better that you start educating yourself about the rising economic powerhouse that we know as India. Because your future belongs here too. And as I have said earlier, India is not just developing, India is reclaiming. See you again.]

this from your transcript on Fairfax India Prem: "India is going to have that same opportunity. As someone was saying here that the financial system grows at a multiple of nominal growth. So the nominal growth is 10%, 12%, this will grow at 2, 2.5x, maybe even more. And that's just the industry. And then on top of that, if you're good and our guys are very good, they'll grow faster than that." What this translates to is a potential of 30% CAGR over 30 years.

How long while ago back was that? The result should be better if you run the numbers now.

(Assuming total effective tax rate of 19%) So even if they have an unlikely $1 billion in realized gain, the impact of new tax rule is limited to $30 million. Also, the tax rates are lower outside Canada, and it is likely the local tax rates that will apply on associate transactions. "Provision for income taxes of $813.4 million with an effective tax rate of 13.8% principally reflected non-taxable investment income that included the benefit of the gain on the sale of Ambridge by Brit, the tax rate differential on income and losses outside Canada primarily related to income taxed at lower rates in the U.S., Bermuda and Mauritius, and the change in tax rate for deferred income taxes related to deferred tax assets recognized as a result of new tax laws in Bermuda during the fourth quarter of 2023 including the introduction of a 15% corporate income tax effective January 1, 2025."

The net effect is likely a ~3% increase in tax paid on realized gains. (66%-50%=16%, 19% on 16% = 3%)

Now the number has changed from 970 to 1180 which again make it look like something around a 1000. For this purpose, he had to make sure that the new number is under 1200 even if the math is senseless. So he has moved the fair value from 730 to 1180 in steps where each step made to look like nothing big. Because all the while he analyzed that the company was overvalued and management value destructive.

By the scam and brainwashing of CFA designation.

BRK vs FFH over 20 years:

Adani Group builds world's largest renewable energy park https://www.indiatvnews.com/gujarat/world-largest-renewable-energy-park-now-in-india-five-times-larger-than-paris-adani-group-guajart-khavda-region-all-you-need-to-know-2024-04-11-925811 In a remote area bordering Pakistan, multi-billionaire Gautam Adani's group has built the world's largest renewable energy park in Gujarat's Khavda region, as it has a massive 45 GW capacity to generate electricity largely from solar energy. This area, initially devoid of any infrastructure save for a portable toilet and a makeshift office in a container, caught the attention of Gautam Adani, then the second wealthiest person globally, in December 2022. Despite lacking basic amenities like a pincode and being situated amidst vast barren land, Adani recognized its potential. Initially, the land was barren, with little vegetation due to its highly saline soil and no human settlement nearby. However, boasting the second-best solar radiation in the country after Ladakh and wind speeds five times that of the plains, it presented an ideal location for a renewable energy park. A mere 18-kilometer drive from the airstrip leads to the Khavda renewable energy park, spanning 538 square kilometres, approximately five times the size of Paris.

His X video told more about him than Fairfax with these books in background: 1. Wealth, War & Wisdom 2. Power 3. World Without Mind 4. The Most Dangerous Trade

May I dedicate this song to the up and down volatility of the Fairfax stock - ♪ Can you feel it, baby ♪ ♪ I can too ♪ ♪ Come on swing it ♪ ♪ Now we come to the pay off ♪ ♪ It's such a good vibration ♪ ♪ It's such a sweet sensation ♪ ♪ And I'm here to prove to you ♪ ♪ That we can party on the positive side ♪ ♪ And pump positive vibes ♪ ♪ So come along for the ride ♪ ♪ If you ain't in it to win it ♪ ♪ Then get the hell out ♪ ♪ It's such a good vibration ♪ ♪ It's such a sweet sensation ♪