...one thing that is clear is Watsa has bet big on BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) and failed.
http://www.valuewalk.com/2013/08/prem-watsas-blackberry-ltd-bbry-investment/
Yeah, pretty sure the market won't like Prem extending his bet.
I like FRFHF at 1.1 P/B.
But if Prem takes BBRY private, isn't the market reaction likely negative?
(Markel bought Alterra and MKL dropped 10%.)
Buy now at a fair price or wait until BBRY's future resolved?