ValueMaven

What's going on with ODFL? Down again ...

Also bought MSCI today ... was down -15% at one point. Huge switching costs and I like their approach to capital allocation. Rare to get a quality compounder like this on sale.

Meeting slides are up: https://www.fairfax.ca/wp-content/uploads/Fairfax-AGM-2024.pdf

anyone have a link or PDF of the AGM slides please?

helpful @Hoodlum thank you

Very odd - FRFHF opened down nearly -4% today in the US Market. Was able to add more in size around the ~$1055 level USD. Just very odd opening action in the first 10-15mins of trading. Has since normalized a bit.

@Parsad thank you for all of the updates! You rock

MuddyWater's posted a video on Twitter basically asking for the public's help in finding dirt on FFH. I guess he didnt do enough homework himself.

Micron up 15% in AH trading

Kennedy Wilson's stock has been in freefall recently ...

Does anyone have a good premier, or source for the industry? You have Waste Connections, Waste Management, and Republic Services which have been very successful overtime.

Great overview of BIAL in Fairfax India's Annual Report (!!!) https://www.fairfaxindia.ca/wp-content/uploads/Letter-to-Shareholders-2023-Annual-Report.pdf

Stupid idea - but what if FFH liquidated its $16B equity portfolio, and tendered for 2/3rds of the company outstanding shares ? Yes - you'd have serious taxes, but you'd get a huge spike in BV, EPS, and Float per-share. Plus you'd have massive income generating from the bond portfolio.

This is Prem's best letter yet !!!

Should be dropping in a few hours ... no?

I actually owe MW a thank you. I was able to add materially to my position the day the short report came out. Talk about short and distort! Up about 20% in a month!

Good luck to anyone trying to battle Munger, Tolles, and Olsen

Greenlight for IPO. This is big and adds to FFH's book value

MU has been on FIRE recently

Whats the best way outside of the Ks & Qs to look at Fairfax's equity portfolio?

WEB sounded almost depressed. I get BNSF and BHE weakness - but these are super valuable assets. In some ways I think he is really trying to talk down how special these are. Nothing on MSR which is seeing really solid results. I dunno - I was left wanting more ... Also - why does he not publish the top 10 equity positions anymore??

Where can I read about the history of FFH's ownership of Eurobank?

No one mentioned that FFH just received (2/15) $150M from Blackberry for the convert note they issued. Prem also resigned from the board.

Who is Mark Dwelle?

dumb question - whats the difference between FFH.TO vs. FRFHF - which is OTC. Honestly, I dont even really know how OTC works.