hardcorevalue

Down over 9% what a move. I'dd add more but its maxed out. New buyers are essentially getting a Muddy Waters move off of just a random downgrade.

These will do well! There's a lot of social media presence for this brand that will have young canadians curious

My advice to SaaS buyer is just wait for a while. The narrative is pretty horrible post Claude Cowork

I would honestly lean toward the idea that these random relatively big opens are just US investors reading about the company for the first and putting in market orders.

Well there's a moat and there's also growth of that castle with in that moat. Coke has obviously had some challenges on that friend and GLP-1s aren't going to any favours. But health concerns aside, Coke obviously has a massive moat. I know a guy that has diabetes and still drinks it. I'd argue your other examples like Apple are far more valuable and wider. I think most iPhone users would rather switch from Coke to Pepsi or whatever than never use the apple ecosystem again. Interesting thought discussion!

I'm always holding on to the hope that they suspend the dividend instead but I know the odds of that...

Software has been left for dead. VMS looks particularly well insulated on AI. AI narrative dominating but the valuation on CSU/TOI appear highly attractive for high teen to 20%+ CAGR if multiples improve. NA Software vs Semis returns is massively underperforming, that could revert.

Maybe we should move the options discussion to another thread at this point?

It seems this was just the same article as 2 weeks ago republished.

Anybody have this article? Second bullish Barron's article in a few weeks (first was round table) US investors picking up on FFH just as the GOAT retires. All these value guys might have to make room for a new class of growth investors. https://www.barrons.com/articles/buy-fairfax-financial-stock-berkshire-hathaway-86c67666?utm_social_handle_id=20449296&mod=bol-social-tw&utm_social_post_id=636482542

Lollllllllllllllllllllllllll

Yes as fantastic as BIAL is, the opportunity cost on this one is adding up every year as fees pile on.

Yes, I saw this too. He's a smart guy but this was a poor post.

I like to think this forum is a little better than the line drawers on reddit...

I agree on BIAL, i was referencing liquidating the other investments to buyback stock. Not going to happen IMO.

Again I think it goes back to incentives. FFH would rather a steady income stream from FIH rather than a one off pop to close BIAL discount.

I do trust FFH to do the right thing but Isn't part of the issue the potential conflicts with the parent? How does that help? Also, FIH Isn't even a dominant asset on their balance sheet. the priority mentally would still be FFH, not FIH.

I don't really care if they are figureheads, they are on the board. Those are rookie numbers, they've gotta pump those numbers up. It's kind of wild that my retiree mother owns more shares than some board members.

I can't fathom being a director and not owning a decent chunk of shares just to be aligned mentally.

just a bit more $CSU.to. How can you hate a $5m insider buy from Miller. It's going to have seemed so obvious in hindsight.

Back well into the $16s again. If this gets back to $13 or $14, fees be damned, it would offer some solids IRRs absent an expropriation event.

walk me through your thinking on why FIH won't trade at a discount to NAV after anchorage or why anchorage won't trade at a discount. I don't think it takes much analysis to know today's book is understated but why will the discount close?

In regards to your question, has this been asked at the AGM? Yes, and it seems to be their answer is along the lines of the stock price will approach IV in the end but knowing when is impossible to forecast. While I don't disagree, it's difficult watching fees continue to accrue. Yes FFH are the biggest shareholders but they are being paid to wait while we are paying to wait.

CSU/TOI I can't see Constellation trading sub 20 fcf next year. Full position now so I'm tapped out!

Took me by surprise too! A sad day for us buyback fans but the stock can only stay a secret for so long. With the continued incredible results, the index addition and the book coming out, we are clearly in a new era for the company. Maybe even a NYSE re-list one day although I'm sure that will ruffle a lot of feathers given their history. A big congrats to the FFH team on their transformation.