Haryana

Not undervalued enough, still, to double or touch US2000 in four years?

India does as many cashless payments in a month, as much US does in three years .. http://timesofindia.indiatimes.com/articleshow/107058097.cms

Hertz CEO said “Tesla is among the best-selling cars in America, ... https://news.yahoo.com/hertz-shrink-electric-fleet-following-050000581.html The issue with Hertz is overexcited renters damaging their Teslas that they are driving for the first time. Owners take better care of it.

I suspect this has been his subconscious plan from the get-go to go get'em all riled up. He likely finally settles with some restructuring resulting a new Tesla ticker on exchange that gives him disproportionate voting power without as much economic interest. By then he would have taken everyone for a ride for the umpteenth time. He is known to operate Tesla without sales or marketing expenditure because he is good at getting that for free from the waiting to be inflamed mouths on radios. https://www.visualcapitalist.com/comparing-teslas-spending-on-rd-and-marketing-per-car-to-other-automakers/

His message never asked for more stock but only for more voting power. He may have thought this to be possible by introducing dual class share. However, there appears to be some regulation that restrict that post IPO. https://www.theglobeandmail.com/business/international-business/article-ceo-elon-musk-says-he-wants-at-least-25-voting-control-at-tesla-before/ [In a separate post on X, he said he would be fine with a dual-class share structure to achieve his goal of getting 25-per-cent voting control, but was told it was impossible after Tesla’s initial public offering. “It’s weird that a crazy multi-class share structure like Meta has, which gives the next 20+ generations of Zuckerbergs control, is fine pre-IPO, but even a reasonable dual-class is not allowed post-IPO,” he said, referring to the Facebook parent’s founder, Mark Zuckerberg. Companies with dual-class structures have two or more types of shares with different voting rights – usually one with greater voting rights for founders or early investors and another for other shareholders with less voting power.] https://www.fairfax.ca/press-releases/fairfax-completes-brit-acquisition-2015-06-12/ Even Prem Watsa had to take extraordinary actions to maintain his voting control. From what I remember, he rather had limits/reductions placed on his compensation in return.

https://www.theglobeandmail.com/world/article-indian-navy-rescues-crew-of-us-owned-vessel-after-attack-on-ship-off/

Not yet in there still, actually. "The 45th Class of Companions will be inducted into the Canadian Business Hall of Fame on May 23, 2024 at the Metro Toronto Convention Centre." (15 years after Michael Lazaridis and James Balsillie). https://cbhf.ca/

I wonder if this news is being misinterpreted. Elon Musk has been vocal for a while about his concerns on AI going out of control. I saw the news as simply to mean that he wants enough control in order to be able to control the AI. He expects the AI at his company to be one of the most advanced and he needs control on the company to control the AI because he thinks he can do it.

At least $1 trillion of government securities traded daily in the most populous nation and biggest democracy is poised to become the darling of international investors when India this year joins the benchmark for emerging-market debt compiled by JPMo... Read more at: https://www.deccanherald.com/opinion/indias-markets-are-turning-into-an-inexorable-force-2851586

"Since 1979, over 200 business leaders have been bestowed with Canada’s highest business honour." https://cbhf.ca/companions/ I went through all those over 200 names and his is the only one there with an Indian name. He has broken some ceiling here. Even Michael Lazaridis and James Balsillie got it in 2009.

TORONTO (Globe Newswire) January 12, 2024 Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of an additional US$200,000,000 of its 6.000% Senior Notes due December 7, 2033 (the “Notes”). Together with the previously issued US$400,000,000 aggregate principal amount of notes of this series (the “Original Notes”), there is US$600,000,000 aggregate principal amount of notes of this series outstanding. In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement.

Hawaii of India that almost nobody knows about -

You got that right. The point is that there are stocks and fund managers out there who have vastly outperformed Berkshire but nobody will know because of the Buffett brainwash syndrome and the scam of charts without the dividends.

He is Asia's richest person as of today. https://www.msn.com/en-in/money/topstories/mukesh-ambani-re-enters-elite-100-billion-club-as-reliance-shares-rally/ar-AA1mQocw

No. Next hint: it trades on NYSE.

The market cap of this mining company that has left Berkshire returns far behind over more than 25 years is over 50 billion.

I would like to confirm that if the dividend is paid to shareholders of record on Jan18 and it takes 2 days to settle then the shareholders upto Jan16 will get paid and therefore the ex-dividend date should be Jan17 on Wednesday or is it Thursday?

https://economictimes.indiatimes.com/news/company/corporate-trends/indians-can-dream-now-the-potential-is-enormous-prem-watsa-chairman-fairfax-financial-holdings/articleshow/106716893.cms " We are thinking long term right . 10 to 20 years. We have 25 million capacity in T1, 25 million in T2 and we are thinking that 25 million in T2 goes to 50 million. And then we have the possibility of a third terminal to take it to 100 million capacity. The metro is already being built in Bangalore. The structure is quite impressive. And the airport city in Bangalore which is 450 acres. We want to be able to manage build and construct more airports in India because we have shown we can do .. "

Good catch on the $84 billion blunder even though cannot disagree that much if they are expressing their opinion of fair value in CAD$. Here is the link to more detailed interview - https://economictimes.indiatimes.com/news/company/corporate-trends/indians-can-dream-now-the-potential-is-enormous-prem-watsa-chairman-fairfax-financial-holdings/articleshow/106716893.cms

Newswire going verbose on negligible Orla, again! Fairfax Announces Acquisition of Additional Orla Shares TORONTO (Globe Newswire) January 10, 2024

https://www.msn.com/en-in/money/topstories/indias-growth-to-remain-robust-world-economy-to-slow-down-in-2024-world-bank/ar-AA1mHpIg India's growth to remain robust, world economy to slow down in 2024: World Bank [ The government’s advance estimates, released Friday, estimated that the Indian economy will grow 7.3% during the current financial year. At the projected growth rate, India will retain its crown as the world’s fastest growing major economy. ]

https://economictimes.indiatimes.com/news/india/indias-big-advantage-is-that-two-thirds-of-the-economy-is-consumer-oriented-says-fairfax-boss-prem-watsa/articleshow/106711744.cms [ India's big advantage is that two-thirds of the economy is consumer-oriented, says Fairfax boss Prem Watsa Fairfax has invested $7 billion in India, he said. "In next five years, we are looking at doubling that. We got a few projects already that we're working on," Watsa said. However, for India to remain an attractive investment destination, continuity will be key, he said. ]

Touched a new high in CAD 1300 today. Last updated: Jan 10, 2024, 5:46 PM ET Source: QuoteMedia Open 1,268.06 Day High/Low 1,300.99/1,243.46 52 Week High/Low 1,299.79/795.67