wondering

Maybe there is for my vote for Farmers Edge. https://www.theglobeandmail.com/business/technology/article-six-canadian-tech-companies-eyeing-ipos-amid-investor-craze-for/ "Frothy markets and a recent frenzy for software-focused businesses have convinced more Canadian technology companies to consider going public, setting the stage for a potential surge of initial public offerings that could eclipse last fall’s rush. At least six firms have recently lined up investment bankers to explore IPOs, potentially by the spring, The Globe and Mail has learned. Farmers Edge Inc., a Winnipeg-based agricultural technology provider controlled by Fairfax Financial Holdings Ltd., is set to file a prospectus with regulators for a deal underwritten by National Bank Financial..... ....Farmers Edge, meanwhile, was an early Canadian agricultural-technology leader, using data science and AI-powered software to help farmers improve yields. It raised private capital in the mid-2010s from Silicon Valley-based Kleiner Perkins Caulfied & Byers and Toronto-based Osmington Inc., which is controlled by David Thomson. (Woodbridge Co. Ltd., the Thomson family holding company, owns The Globe and Mail.) Fairfax bought Kleiner Perkins’s stake in 2016 and has since gained majority control of the company. Fairfax recently reported a loss of $21.8-million in the nine months ended Sept. 30 for its stake in Farmers Edge."

https://www.youtube.com/watch?v=XiYRYlKteGU&t=1660s Probably only applicable to the hardcore Prem fans and FIH fans. The above link is virtual conference chaired by Prem regarding the current state India economy (uploaded Nov 12 - with regards to current covid case load and death rate situation this video is already stale-dated) Observations - India economy is growing again - Prem described Deepak Parekh's HDFC bank as the best bank in India. What about CSB bank?????

https://simplywall.st/stocks/ca/insurance/tsx-ffh/fairfax-financial-holdings-shares/news/insider-buying-the-fairfax-financial-holdings-limited-tseffh insider buying by Christine MacLean $105k Cdn worth of FFH at $441 Cdn/share

Maybe Farmers Edge

the information circular is on sedar. sorry I couldn't attached it. I am still digesting it, but I saw they are going to pay a 2% dividend yield.

In the similar vein as Hobbit's post, here are some fun stats from Visual Capitalist measuring Top City Destinations. https://www.visualcapitalist.com/the-100-most-popular-city-destinations/ Interestingly, Bangalore comes in last. Delhi, Mumbai, Agra, Chennai, Jaipur, and Kolkata all outrank Bangalore. My point here is that Bangalore is growing quickly, and will probably surpass all but Delhi and Mumbai is the next few years.

https://www.theinvestorspodcast.com/episodes/tip317-intrinsic-value-assessment-of-fairfax-w-jake-taylor/ From the We Study Billionaires podcast. Goes over FFH and FAH. Both positive and negatives discussed on the podcast have been already written about on this board. However, still a good overview.

Thanks for posting. Very much appreciated.

Sorry, I missed this, and if I am not mistaken there is no playback, Did anyone listen to this?

https://ca.finance.yahoo.com/news/blackstone-backing-algorithm-could-change-100035115.html

https://www.enthusiastgaming.com/enthusiast-gaming-announces-acquisition-of-omnia-media-forming-largest-gaming-media-esports-and-entertainment-platform-in-north-america/ Blue Ant (a small FFH investment) sells Omnia to Enthusiast Gaming (TSX:EGLX) for $11 million Cdn plus 18 million shares of Enthusiast. Links about these companies https://blueantmedia.com/portfolio/omnia-media/ https://www.enthusiastgaming.com/about-us/ interesting. I wonder if FFH had a hand valuing the transaction?

https://economictimes.indiatimes.com/industry/banking/finance/banking/fairfax-backed-csb-bank-weighs-buying-out-other-old-private-banks-to-expand-its-balance-sheet/articleshow/77093694.cms Sorry, besides the headline, the rest of the article you have to login. I didn't bother, but it's interesting to see that CSB is looking to expand.

I think the % managed by Wade and his team is still relatively small (maybe 15%) but growing. Prem names about 12 members of this team in the letter including Wendy Teramoto who he describes as Wilbur Ross' right hand for 20 years. (Sam Mitchell is a notable absentee - I am not sure whether he is still at Fairfax.) More importantly, it sounds (from the letter and the AGM call) as though Wade's team has an increasing influence on decisions made by Prem, Roger, and Brian. The sense I get is that we are about halfway through the handover to the younger team. It's taken a decade, and it'll take a decade more. But their influence is growing. One thing I would say, though, is that Fairfax should not be in your portfolio for steady but continuous growth. That's Berkshire, or Markel. Prem, for all his faults, has always been explicit that results will be lumpy. That's just the nature of the kind of deep value investing they do. If I remember correctly, Sam Mitchell retired. I can't remember if Prem mentioned it on a CC or a AGM

https://www.fairfax.ca/news/press-releases/press-release-details/2020/Fairfax-Donates-US2-Million-for-COVID-19-Relief/default.aspx Can I assume that since Fairfax has the wherewithal to make a donation, that the company is not going to hell in handbasket as the stock price would indicate ;)

thanks all

Does any of the Fairfax insurance companies sell business interruption insurance? If so, would there be an escape clause regarding an Act of God? Does this virus epidemic fall under an Act of God?

AGM cancelled. There will be a webcast. https://www.fairfax.ca/news/press-releases/press-release-details/2020/FAIRFAX-ANNOUNCES-CHANGES-TO-ANNUAL-MEETING/default.aspx

https://podcasts.google.com/?feed=aHR0cHM6Ly9pbnRlbGxpZ2VudGludmVzdGluZy5wb2RiZWFuLmNvbS9mZWVkLnhtbA&episode=aW50ZWxsaWdlbnRpbnZlc3RpbmcucG9kYmVhbi5jb20vY2M1ZDY3NzYtZGQ4OC01YWRjLWE2MWEtM2ExOTViNGU1NmJk&hl=en-CA&ved=2ahUKEwjJjoKd_vvnAhVYlHIEHYLfCjUQieUEegQIBxAE&ep=6 I am not sure if anyone posted this yet. There is an interesting discussion of Fairfax India and Thomas Cook India on the Intelligent Investing Podcast. Just recent.

Paul Rivett retires. Sad news. I thought he was going to succeed Prem when Prem decided to retire https://ca.finance.yahoo.com/news/fairfax-financial-holdings-limited-executive-220110417.html

Perhaps you missed Resolute. Although the stock has fallen quite a bit, so it might be grouped in the "misc" category

Why do you hold the shares on the Canadian side of your account? Ask your broker to journal your shares to the US side of your account and then you will receive your divvy in US dollars. That gives you the option to re-invest the divvy in the US market without having to exchange the money twice (ie, it would be disappointing to receive US$10k of FFH divvies which is converted to Cdn$13.13k if you are just going to convert it back to buy US shares...you would probably only end up with US$9,700 or something). If you receive the divvy in the US side of your account, you can always convert the US dollars back to Cdn at your leisure if you need to in the future.... SJ Thanks. Food for thought.

dividends are in. My RBC Direct Investing account gave me a FX rate of 1.313 The TD Direct Investing account gave me a FX rate of 1.303

Date of record changed to Jan 17 https://www.fairfax.ca/news/press-releases/press-release-details/2020/Fairfax-Revises-Record-Date-of-Annual-Dividend/default.aspx

Dividend time! No change from prior years - $10US per share Date of record - January 21, 2020 Payment date - January 28, 2020 https://www.fairfax.ca/news/press-releases/press-release-details/2020/Fairfax-Declares-Annual-Dividend/default.aspx

Jim Kenize, an automotive journalist, once wrote the most sensible car purchase would be buy a 3-4 year old Buick - drive it into the ground, and repeat. Full disclosure - that is exactly what I did. So far it has worked out for me. PS, I don't know if this advice is still applicable, since if I am not mistaken, GM is discontinuing the Buick line.(Perhaps parts will be more difficult to get - I am just guessing) PPS, I also agree with the cars mentioned above