ALLYCAT
-
Posts
17 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Posts posted by ALLYCAT
-
-
Just curious does anyone know the ratings for the underlying companies. I know Moody's just gave Northbridge A3. I was wondering if most had A3?
-
Thanks Schwab711. It is nice to see what goes into the rating. How does a normal Joe get to see these reports?
-
Hello
I seldom post because I don't believe I have the same investing chops as many on this board. I do have a question that I hope someone can help educate me. Moody seems to consistently give Fairfax a bbb rating. I have just come from the annual meeting and Prem is talking about the cash rich Fairfax is. What would it take to get Moody's to give Fairfax an A rating of some sort? Secondly do you feel that rating would open more conservative investors to look at buying shares increasing prices?
-
Tomm, I am with you there. I think the Am Best rating is one of the major reasons why market behaving like it does towards Fairfax.I don't know why there is not the discussion. I thought alot of Fairfax's moves the last 3 years were influenced partly by this and lessons from there past.
-
Hi Tommm
I always wondered what is up with AM Best as well.I wonder if something happened when fairfax was going through its tough patch and Am Best have a long memory. I thought they were one of the few agencies Fairfax was willing to talk with. Is it Fairfax not paying enough for their services? I remember it being said many times on this board that once they got the rating up to investment grade
this stock will take off. Well in my books it is I am just waiting to see when AM Best realises it.
-
HI
It looks like Fairfax is getting deeper in Canwest restructuring.
http://www.reuters.com/article/marketsNews/idCABNG43665520090511?rpc=44
-
Here is some additional news.http://www.reuters.com/article/marketsNews/idINN1733628820090417?rpc=44
-
Hi GuysUnfortunately I was not able to attend. Just wondering how everything went and what Prem's thoughts were going forward. What were the crowds like?
-
I was wondering why they are announcing that they are going to talk about lending money without anything definite. Is it to help bolster Abitibi?
-
WIth the president and ceo stepping down it sounds like air canada is in trouble again. Wondering what impact this will have on Jazz?
-
Hi Ericopoly
Mass media is probably a poor choice of words.What I meant was the major networks not just a comedy channel show which not everyone would subscribe.
-
Just watched to see what the hoopla was about. It was great tv. The only sad part is that it took a comedian to start taking some of the wall st. boys to task and a lot of Jon's arguments will be ignored by the mass media outlets.It just goes to show how the people you think were suppose to be looking out for the interest of the common investor are the wolves in sheeps clothing. Like someone said I don't know what Cramer's agenda was but he certainly ended up in flames
-
Well dfcanuck, I don't think you ever wished this kind of drop in faifafax a month ago but you must be a bit relieved to get off near top of Mr Markets wild ride. How is your new diversified portfolio doing?
-
Thanks Smazz
That sounds like good advise.
-
Hi All
With having to cash out my Northbridge shares I was wondering which offers the better opportunikty and safety at this time and these prices?
-
I too have some concerns with my overall weighting in Fairfax. But it has far outshined the rest of my positions.Do you keep holding on to your winner where you have faith in the captain of the ship or diversify where you don't have the same confidence?
A.M. Best Rating to Fairfax Financial
in Fairfax Financial
Posted
Thanks Schwab711
The members on this board are the best!