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Everything posted by Haryana
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From the same article - "For the U.S., which has spent over two decades cultivating closer ties with India, Mr. Trudeau’s showboating approach to a sensitive issue is a textbook case of how not to handle an important partner."
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My two observations during Milton - 1. On landfall, one side of the storm was actually pulling water out of the land and back into the sea. 2. Midway across the width of Florida mainland, it had fallen to Category 1 (funny media anticlimax).
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"2024 third quarter results, which will be announced after the close of markets on Thursday, October 31" https://www.fairfax.ca/press-releases/fairfax-announces-conference-call-2/
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https://timesofindia.indiatimes.com/business/india-business/a-third-of-nvidia-is-here-in-india-ceo-jensen-huang/articleshow/114601523.cms
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Correct. You got that right. Well done. Thanks.
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Hint3: they benefit from employment relocations.
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Can Prem Watsa be Credibly Alleged of Foreign Interference because he got Jason Kenney on the board of Fairfax India? (LOL) https://www.fairfaxindia.ca/corporate/jason-kenney/
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Choose one of the following: 1. Corn Bread 2. Horn Brett
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https://www.insurancebusinessmag.com/ca/news/reinsurance/helene-highlights-gap-between-economic-and-insured-losses--guy-carpenter-508404.aspx "Estimates for insured losses from Helene, a Category 4 hurricane, are in the single-digit billions, with Karen Clark & Co. reporting $6.4 billion in privately insured losses across nine states. According to AM Best, this figure contrasts with economic losses, which are estimated in the triple digits."
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Just did a simple quote lookup - https://www.theglobeandmail.com/investing/markets/stocks/ffh-T/ - now showing $M43,397 And https://www.theglobeandmail.com/investing/markets/stocks/gwo-T/ - now showing $M43,111
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Was going through this as was discussed. Like nitpicking, you meant, a matter of when Not if.
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Firstly FFH is also 43bb in CaD, you could do either use CaD or UsD but use the same for both. Secondly, GreatWest is already in Tsx60 indirectly via PowerC.
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https://timesofindia.indiatimes.com/business/india-business/forex-kitty-hits-700-billion-for-1st-time-up-13-billion-in-week/articleshow/113949026.cms
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Quite a milestone to the overtake the Great-West Lifeco. Next, overtaking National Bank will be a great one as they are one of the major banks.
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https://www.newswire.ca/news-releases/sleep-country-completes-arrangement-with-fairfax-858949462.html "... pleased to announce the successful completion of the previously announced plan ..."
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Hint2: they benefit from recessionary disruption or reallocations (indirectly).
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https://www.theglobeandmail.com/investing/markets/inside-the-market/article-thursdays-analyst-upgrades-and-downgrades-for-october-3 RBC’s Scott Heleniak raised his Fairfax Financial Holdings Ltd. target to US$1,425 from US$1,325 with an “outperform” rating. The average is $1,950 (Canadian). “We are reducing our 2024 EPS estimate to US$133.40 (from US$138.00) to factor in higher-than-modeled Q3 catastrophe loss assumptions,” he said. “We now assume US$450-milllion in Q3 cat losses (7.1 loss ratio points), up just over US$125-million from our previous forecast. We expect Fairfax to have exposure to several international cat events including Canadian events, U.S. hurricanes, and Asia/European storms. Our 2025 EPS estimate of US$154.00 remains unchanged.”
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This is very much in line with what they would do to hold power while posing as transparent. The key word here that attains such feat is "may". So they have a public face showing that they have a policy which indicates transparency. But then they use the word "may" which gives them all the power as they would please. Similar to when you hear = "your call may be recorded". Now they are free to do either of the following - 1. Record all the calls. 2. Record a few calls at random. 3. Target some calls for recording. 4. Not record any call.
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May I object to your interpretation "sector weighting trumps size"? Here again is text of document you linked from their website but without your bolded emphasis. " ... 2. When adding securities to the S&P/TSX 60 index, the Index Committee generally selects amongst the larger securities, in terms of float QMV, in the S&P/TSX Composite. Size may, however, be overridden for purposes of sector balance as described in item 4 below. ... 4. Security selection for the S&P/TSX 60 index is conducted with a view to achieving sector balance that is reflective of the GICS sector weights in the S&P/TSX Composite. ... " This shows the norm "the Index Committee generally selects amongst the larger securities". And this is the exception: "Size may, however, be overridden..." (emphasis mine)
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No. Hint: They had a name change of their stock in the last 1-2 years to same as their iconic brand name.
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Maybe I would change that to every $100 higher due to the frequency with which it is happening and likely to be continued
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You got that today in less than a year - Last updated: Sep 19, 2024, 9:51 PM ET Source: QuoteMedia Open 1,711.40 Day High/Low 1,711.40/1,673.51 52 Week High/Low 1,711.40/1,070.00