Stone19
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Everything posted by Stone19
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http://www.bloomberg.com/news/2012-06-28/fairfax-had-massive-loss-in-morgan-keegan-case-judge-says-1-.html?cmpid=yhoo
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BBQ I bought the best charcoal bbq there is.A Big Green Egg.Use it at least 3 times a week.Ask Sanjeev he's eaten off it.
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http://www.reuters.com/article/2012/04/30/us-fibrek-mercer-idUSBRE83T0MA20120430?feedType=RSS&feedName=innovationNews&rpc=43
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Stratford Ontario Canada
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I think it was Labatt 50.It was right beside the Cinci and the Red Cap
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Whitney Tilson Can't get anything right
Stone19 replied to moore_capital54's topic in General Discussion
He was on Fast Money tonight on CNBC -
http://finance.yahoo.com/news/FIBREK-ANNOUNCES-IMPROVED-NET-cnw-2352354535.html?x=0&.v=1
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I've owned FFH for many years most of the shares were bought under $100.00 on that crazy day it went to $57.00.That day myself and my father sold everything we had and put it all in FFH and to this day we have never sold a share.We have actually bought more when it got under book along the way.These type days don't really mean much.Now if it went down $100.00 this am I'd be buying again. I here the stories about trading the stock but for me it's easier just hold it and let the guys at FFH do their thing and look after my money for free.Cheers
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Well, any combination of losses and wins (2 wins for us, 1 loss for you or 1 win for us, 2 losses for you, etc) and the hunt for the "President's Trophy" is over. The President's Trophy is like going to the league awards and winning The Lady Bing.There is only 1 trophy in hockey.That's Lord Stanley Cheers
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I just got back from Marco Island and while I was there I went to 2 open houses the homes were very nice and were selling for $800,000.00 similiar to the one we rent.I was the only one there except for the real estate agent and being from southern Ontario I not familiar with all the costs that are involved with owning a home in Florida.The agent went through all of the things that you need to do if you own a home there.Things like the cost of the exterminator.So we went through all the costs taxes,pool guy,grass cutting,ELECTRIC BILL(keep in mind ac all summer or the house gets mold)and on that house it would take $35,000.00 a year just to own it. He told me that lots on the island in 95 cost $50,000.00 in 2006 they were $800 to 1.2 mil now they are $175,000.00.This agent said things in Fla are not cheap just were they should be. We rent a house on the water for the month for $5000.00 and walk away at the end.I realized when it comes to real estate I should invest in my own back yard.Cheers
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http://www.fairfax.ca/Assets/Downloads/100305ceo.pdf
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You actually said Dude
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I think you will find that most tough guys live by the code that's their job,to protect some fancy boy who usually makes a lot more money than the tough guys do.Can you tell where my heart is? Probert was one of my favorites along with Kordic and Marc Potvin all tough guys that are dead now.Cheers
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How many Hab fans does it take to change a light bulb? 10 1 To change the bulb and 9 to talk about how good the old bulb was.Cheers
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http://finance.yahoo.com/news/Madoff-son-found-dead-in-NYC-apf-965135754.html?x=0&sec=topStories&pos=1&asset=&ccode= What a shame that this man felt that this was the only way out of the mess the family is in.
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Latest Filings Over the Past 12 Months - Maximum 60 - Information that has been adjusted or estimated by INK - Amended filing Transaction Shares/ Account Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance Apr 01/10 Christiansen, Jan Direct Ownership Other Subordinate Voting Shares 0.000 1,337 > 100% 1,501 Mar 05/10 Barnard, Andrew Direct Ownership Other Subordinate Voting Shares 0.000 1,735 85% 3,785 Mar 05/10 Salvesen, James B. Direct Ownership Other Subordinate Voting Shares 0.000 139 n/a 139 Mar 05/10 Overy, Carl A. Direct Ownership Grant of options Options 0.000 278 n/a 278 Mar 05/10 Pietropoli, Lucien Direct Ownership Grant of options Options 0.000 278 n/a 278 Mar 05/10 Wacek, Michael Direct Ownership Other Subordinate Voting Shares 0.000 556 19% 3,556 Mar 05/10 Young, Brian David Direct Ownership Other Subordinate Voting Shares 0.000 917 n/a 917 Mar 05/10 Quinn, Brian D. Direct Ownership Other Subordinate Voting Shares 0.000 278 n/a 278 Mar 05/10 Lovell, Peter H. Direct Ownership Other Subordinate Voting Shares 0.000 278 n/a 278 Mar 05/10 Gallagher, Christopher L. Direct Ownership Other Subordinate Voting Shares 0.000 278 n/a 278 Mar 05/10 Bennett, Robert Direct Ownership Other Subordinate Voting Shares 0.000 556 n/a 556 Feb 23/10 Williamson, Marilyn Jane Direct Ownership Public market buy Preferred Shares Series E 23.850 200 n/a 200 Dec 31/09 Bradstreet, F. Brian Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 237 1% 30,770 Dec 31/09 Ratnaswami, Chandran Indirect Ownership Buy under company plan Subordinate Voting Shares 333.530 60 4% 1,407 Dec 31/09 Ratnaswami, Chandran Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 234 3% 9,058 Dec 31/09 Watsa, V. Prem Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 281 0% 127,539 Dec 31/09 Schokking, Ronald Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 140 0% 29,762 Dec 31/09 Salsberg, Eric Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 187 0% 86,251 Dec 31/09 Rivett, Paul Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 82 14% 675 Dec 31/09 Martin, Bradley Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 283 8% 3,703 Dec 31/09 La Selva, Vincenza Indirect Ownership Buy under company plan Subordinate Voting Shares 333.530 51 3% 1,534 Dec 31/09 Cloutier, Jean Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 93 3% 3,756 Dec 31/09 Clarke, Peter Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 90 11% 913 Dec 31/09 Burke, Frances Indirect Ownership Buy under company plan Subordinate Voting Shares 333.530 10 1% 1,531 Dec 31/09 Burke, Frances Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 188 1% 13,779 Dec 31/09 Bonham, David Direct Ownership Buy under company plan Subordinate Voting Shares 333.530 92 38% 333 Dec 31/09 Adee, Marc Direct Ownership Buy under company plan Subordinate Voting Shares USD 303.380 50 3% 1,647 Dec 29/09 Salsberg, Eric Control or Direction Public market sale Subordinate Voting Shares 410.975 -4,230 -100% 0 Dec 22/09 Young, Brian David Direct Ownership Gifted Subordinate Voting Shares 0.000 -501 -100% 0 Dec 21/09 Young, Brian David Direct Ownership Gifted Subordinate Voting Shares 0.000 -194 -28% 501 All data based on insider regulatory filings which are subject to input errors. * Indicates percentage change of shares or units for the account in which the security is held. Many insiders have more than one account and the balance for each is calculated separately
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They did have an impressive olympic performance, but what will they be doing this summer when the rest of us are cheering for our country in the World Cup?! Fishing
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http://finance.yahoo.com/news/SampP-strips-Berkshire-rb-981317840.html?x=0&.v=1
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10.48 BMO Nesbitt Burns
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I think they might call back the orh pref they are paying a higher % on and that would get them off the NYSE totally.Cheers
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I believe it.The one place I took the collection it took 3 hours to evaluate it.I watched at least 20 people come in and dump boxes oy jewellery out and walk out with a check.It brings up a question,with all this gold being recycled and put back into the market place will this have an effect on price as there is lots of supply and less demand,or does all this recycling of gold have little impact in the big picture? Cheers
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The comments about gold are interesting.I sold all my gold and silver coins 2 weeks ago.I asked the people that bought them if they get them melted and make the money on the small % less than bullion price that they paid me.They said that they were going to hold them because they felt gold was going to double from here.The silver ones they sent to be melted.I had taken the collection to 3 different appraisers and they all called me back at least 2 times upping their offers.It was like they all had gold fever.In saying that now that I sold gold probably will double.The other interesting thing is the silver coins were all collected at face value and were sold at 9 times face value other than the rare coins that I got more for.The gold coins were sold for 3 times what I had paid.At the time the gold coins were bought you could still get silver coins at just a little above face value.In the end I would have been better to have taken the money I used to buy the gold coins and bought silver coins.The collection wasn't done as an investment it was a family hobby.With all the hoopla now about gold its funny that in my experience it was silver that was the better of the 2.Cheers
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Here is afew things that bother me. We contract with ESP Communications, Inc., a corporation owned by Brian D. Pardo’s spouse, for post-settlement services. The services included periodic contact with insureds and their health care providers through telephone calls and mailings, monthly checks of social security records to determine a insured’s status, and working with the independent escrow agent in the filing of death claims. ESP also provides facilities and various administrative personnel to us. Either party may cancel the agreement with a 30-day written notice. We currently pay ESP $7,500 on a semi-monthly basis for its services. During Fiscal 2009, we paid ESP $180,000. The Audit Committee has determined that the payments are reasonable and equal to or less than amounts that would be payable to an unaffiliated third party for comparable service. In June 2007, we purchased an aircraft and formed a wholly owned subsidiary, EZ Flight, LLC, to hold title to and operate the aircraft as well as hangar facilities for such aircraft. After purchasing the aircraft, however, we determined that the accounting treatment would be more favorable and our internal controls would be more transparent and easier to administer if we did not own the aircraft, but had access to it and would reimburse the owner for the costs of our use. On December 12, 2007, our Chairman, Mr. Pardo, purchased the aircraft for the same price we paid and permits us to use the aircraft for business purposes. We pay the incremental costs of our use, as described in applicable Federal Aviation Administration regulations (FAA Part 91, subpart F), which we believe is well-below the fair rental value for our use. In Fiscal 2009, we paid $216,882 for such use. We also provide hangar space to Mr. Pardo, the value of which we estimate at $13,500 per annum for each aircraft held in the hangar, which totals to $27,000. The Audit Committee has determined that these arrangements are on terms no less favorable than terms generally available to an unaffiliated third-party under the same or similar circumstances. Cheers
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I thought orh needed to be its own stand alone type company with its own ratings and reporting to be able to do business with a number of its clients.Thats why I always thought that it would never be taken fully into the holdco.In other words it would always be a public company even if that meant that a small % was not owned by ffh.
